WiredRE Sells 275,000 Sq-Ft Denver, Colorado Data Center to California Data Center Operator
- Wired Real Estate Group Inc. (â€œWiredREâ€) has advised two of the top three global telecom firms and over half of the top banks in the US in transactions up to $100 million.
- Transaction follows doubling of revenue in 2013 and recent wins in Colorado, Chicago, Pennsylvania and Virginia.
Denver, CO / Las Vegas, NV â€“ November 12, 2013 â€“ Wired Real Estate Group Inc. (â€œWiredREâ€), the nation’s leading cloud, colocation and data center advisor, has announced the sale of a 14 acre, 275,000 sq-ft Denver, Colorado data center campus to a multi-site California data center operator. The Denver data center campus is a longtime hub of wholesale and retail colocation business in the Denver Tech Center.
Users of data centers and colocation have been migrating in large numbers from urban centers in search of service and scale facilities, deploying significant capacity in regional aggregation hubs like Denver. The Denver data center campus is ideally positioned to serve this trend, boasting 15 years of uninterrupted operation, two fully operational data centers, a 2N design, and 40 MW of utility supply in the heart of the Denver Tech Center (â€œDTCâ€) community, a location widely considered the birthplace of cable TV. See a full list of Colorado data centers or California data centers.
â€œThere is ample room for nimble operators with read-to-occupy space to take market share in underserved markets like Denver,â€ commented Everett Thompson, CEO, WiredRE. â€œThis project is a showcase of our low-risk data center investment process and just-in-time (â€œJITâ€) revenue program.â€
About Wired Real Estate Group Inc.
WiredRE is the nationâ€™s leading independent cloud, colocation, and data center advisor. The firm uses its proprietary research to advise enterprises on strategy, planning, brokerage and finance. WiredRE counts two of the top three global telecom firms and over half of the most admired banks in the U.S. as clients. The firm represents major developments nationally. To search over 2,000 data centers, visit WiredRE.com.