EdgeCore Internet Real Estate Acquires 36 Acres of Scalable Land in Data Center Alley
Building a state-of-the-art data center campus in Sterling, Virginia
DENVER–(BUSINESS WIRE)–#Cloud—EdgeCore
Internet Real Estate, a provider of state-of-the-art,
cloud-connected data centers, announced that it has acquired 36.8 acres
of land in Sterling, Virginia. With this acquisition EdgeCore plans to
build its Northern
Virginia data center campus, providing up to 144 megawatts of
critical capacity. The location of this land, along with EdgeCore’s
business model, supports customers seeking scalable wholesale data
center capacity with low-latency access to key cloud hubs and supporting
network access in Sterling and across Northern Virginia.
EdgeCore plans to immediately commence site work and the installation of
utility infrastructure to support just-in-time delivery of four planned
36 MW data centers on its Northern Virginia campus as customer demand
requires. The Company believes the location of its campus is highly
aligned with EdgeCore’s target customers seeking both build-to-suit and
programmatic development of shell and turn-key data center capacity
across the largest data center markets in the U.S.
This acquisition represents continued execution upon EdgeCore’s business
plan as one of North America’s premiere data center development and
operating companies. Specifically, with the Northern Virginia
acquisition and since closing its initial capital raise in February,
2018, EdgeCore has acquired land supporting scalable data center
campuses of at least 100 MW each in the Dallas,
Phoenix,
Northern Virginia, and Reno
markets. Additionally, EdgeCore expects to substantially complete the
first phase of turn-key capacity at its Phoenix, Arizona campus in the
first quarter of 2019.
“We are pleased to be on track in executing against our plan,” said Tom
Ray, Chairman and CEO of EdgeCore. “We will continue to work hard to
deliver upon the breadth and depth of scale, along with just-in-time
delivery capabilities, our customers require. Our entry into Northern
Virginia represents our fourth market over the past six months and we
remain focused upon entering additional markets over the next year. We
continue to be grateful for the trust of our customers, the work of our
leadership team, and the support of our investors as we execute in our
role as a preeminent developer, owner, and operator of wholesale data
center capacity across the US.”
About EdgeCore Internet Real Estate
EdgeCore Internet Real Estate builds, owns, and operates highly
scalable, cloud-connected data center campuses, providing wholesale
capacity to the Fortune 1,000, including hyperscale cloud and Internet
companies. EdgeCore is currently developing data center campuses in
Dallas, Phoenix, Northern Virginia, and Reno, with plans to develop
campuses in additional markets. Each campus is designed to support over
100 MW of critical load. EdgeCore is committed to enabling the growth
and performance of its customers across its highly scalable
state-of-the-art data center platform. For more information, visit www.edgecore.com
or follow us on Twitter
or LinkedIn.
Contacts
EdgeCore Internet Real Estate
Claire Rowberry, +1
617-785-5571
claire@clearcommsc.com
