Data Center: Terremark Signs Turn-Key Datacenter Lease Agreement With Digital Realty Trust.
from Real Estate Weekly News
Digital Realty Trust, Inc. (NYSE:DLR), the world’s largest wholesale datacenter provider, has completed a Turn-Key Datacenter[R] lease agreement with Terremark Worldwide, Inc. (NASDAQ:TMRK), a leading global provider of managed IT infrastructure services. Through this agreement, Terremark will establish a datacenter in one of Digital Realty Trust’s Dallas facilities to support the company’s global IT infrastructure and deliver its full suite of industry-leading services from cloud computing to managed hosting and colocation.
“Digital Realty Trust’s worldwide portfolio of datacenter properties is uniquely positioned to support global organizations like Terremark,” said Brent Behrman, Vice President, Global Sales of Digital Realty Trust. “Our Turn-Key Datacenter space enables customers to rapidly move forward with datacenter projects using wholesale data center space that enables them to skip the time-consuming and expensive process of identifying appropriate real estate and developing it into usable data center space. We are pleased to be working with Terremark for this important project.”
“In addition to quickly extending our existing footprint in one of our key markets, this agreement allows us to control operations within a top-tier datacenter that meets our high standards for reliable physical infrastructure,” said Randy Rowland, General Manager of Terremark’s Hosting Services. “When analyzing our options for expanding our presence in the Dallas area, we realized working with Digital Realty enabled our company to provide customers with our full suite of services from a robust facility in a timely and cost-effective manner.”
Terremark will begin to move its infrastructure from its current datacenter facility in Dallas to Digital Realty’s facility during the second quarter of 2010. Through the agreement, Terremark will occupy 10,000 square feet of raised floor space with the ability to lease additional space to accommodate future growth.
Digital Realty Trust Turn-Key Datacenter facilities provide state-of-the-art environments for supporting mission critical infrastructure, with advanced cooling, power, redundancy, and sustainability features to ensure that critical applications are available while optimizing energy efficiency. Digital Realty Trust’s Turn-Key Datacenters are scalable from hundreds of kilowatts of IT Load to megawatts of IT load and are located in markets throughout North America and Europe. Each Turn-Key Datacenter facility is physically secure and features a state-of-the-art power and cooling architecture that has been optimized for green operation. Every Turn-Key Datacenter is built using the company’s proprietary POD Architecture[R] and uses metered power to ensure that clients pay only for the power that they use.
