Piscataway data center agreement includes anchor tenant lease
BOULDER, Colo. – December 17, 2018 – Zayo Group Holdings, Inc. (NYSE: ZAYO) will expand its East Coast data center presence with a new location in Piscataway, New Jersey. The carrier-neutral facility will add more than 47,000 total square feet and up to five megawatts (MW) of critical power, addressing strong demand for colocation in the tri-state area.
The anchor agreement with a leading financial services tenant includes space and power in the data center and two dark fiber rings. Zayo will renovate the remaining space and upgrade critical power to sell to additional customers. The facility tethers to Zayo’s data center at 165 Halsey St. in Newark and includes connectivity to local carrier hotels and more than 1,000 data centers globally.
“The tri-state area is one of the most important data center markets in the world, with a diverse base of businesses, including financial and professional service companies, contributing to strong demand,” said Bruce Garrison, senior vice president of Zayo’s zColo business segment. “This facility provides an excellent option for colocation space in the Northeast with connectivity across North America and around the world.”
This expansion brings Zayo’s zColo portfolio to 51 data centers in more than 30 markets across North America and Europe. In addition to space and power, Zayo provides its customers with extensive connectivity over its global fiber network.
For more information on Zayo’s data centers, please visit zayo.com/services/data-center-colocation/.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 130,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides users with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth. For more information, visit zayo.com.
Forward Looking Statements
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 24, 2018. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.