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Press Release -- August 16th, 2016
Source: Sentinel Data Centers
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Sentinel Announces Significant Pre-Leasing of NC-1 Facility Expansion

DURHAM, NC–(Marketwired – August 16, 2016) – Sentinel Data Centers, a leading owner and operator of enterprise-grade colocation data centers, announced today it has pre-leased 25% of its 100,000 square foot / 10MW “Phase II” expansion at its NC-1 facility in Durham, NC.

“Pre-leasing a quarter of our Phase II expansion speaks to the market’s appreciation for highest quality, ultra-flexible solutions coupled with a TCO profile among the best nationally,” says Todd Aaron, Co-CEO of Sentinel Data Centers. “Complete sales tax exemption on our users’ IT infrastructure, along with power rates approximating $0.04 / kWh materially impacts all-in occupancy economics, and our users are benefitting from this.”

Construction of the “Phase II” expansion began this past spring, as the facility’s 120,000 square foot “Phase I” neared capacity. The NC-1 “Phase II” expansion is expected to come online September, 2016.

“North Carolina continues to be one of the more dynamic data center markets on the East Coast,” says Kelly Morgan, VP of Services at 451 Research. “Sentinel’s expansion and pre-leasing is a clear indicator of the growing demand for the state’s competitive tax incentives, power rates and total cost of ownership.”

Sentinel’s NC-1 “Phase II” design will integrate the latest best-practices from across the industry to maximize reliability, scalability, energy efficiency and ease-of-use. Sentinel will continue to utilize modular building blocks to enable customization of power densities and resiliency levels on a granular basis within each customer’s dedicated suite.

About Sentinel Data Centers
Sentinel Data Centers, LLC, is a leading owner, developer and operator of multi-tenant, and build-to-suit enterprise-grade data centers. Founded in 2001, Sentinel was an early pioneer in the “wholesale” data center business. Since its inception, Sentinel has developed more than 1.6 million square feet and 120 megawatts of best-in-class multi-tenant and build-to-suit data center solutions for a diversity of Fortune 500 enterprises across multiple industries, including financial services, healthcare, technology and biotechnology. Sentinel strives to stay at the forefront of evolving best practices for data center design, development and operation, and maintains a flexible and transparent business model that is grounded in customer service. To learn more visit www.SentinelDataCenters.com.

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