Boston Data Center Real Estate Market Receives Iron Mountain Investment
Iron Mountain, the nation’s #1 provider of document management services and the 6th largest publicly traded property owner in the US, announced construction of an additional data center in the Boston data center real estate market. The facility will be located in Northborough, Mass., about 35 miles west of Boston, on property already owned by the company. The new Boston, Massachusetts data center – see link for our Boston data center list – is the company’s first data center project in the Northeast region and second publicly announced colocation development. Completion of the facility and commercial operations are planned for February of 2014.
Iron Mountain is working with prefab and modular data center design firm Compass Datacenters to manufacture, test, and deploy the shell as well as the electrical and mechanical infrastructure. The Boston data center will be the first LEED Gold certified facility in the region. Iron Mountain’s facility compliments existing records storage centers, which service Massachusetts, Rhode Island, Connecticut, New Hampshire and Maine. The Northborough campus is located inland, distanced from the storms that sometimes batter the southern New England coast. The facility still offers wind prevention, meeting the standards of that used by Miami-Dade County facilities. Iron Mountain intend to focus on compliance, regulation and high-security applications.
“Home to many highly-regulated organizations, the greater Boston area is underserved in terms of access to area data centers capable of meeting their unique needs,” Kidd said. “With security and compliance at the core of Iron Mountain’s operations, those highly-regulated industries like healthcare, biotech and financial services can now choose a better-suited option for their data center operations.”
The announcement comes only five months after Iron Mountain declared its entrance in the colocation market. Iron Mountain’s flagship colocation development exists over 200 feet below ground, in Boyers, Pennsylvania, a 1000 acre, converted limestone mine. See our Pennsylvania Data Center list for details.
Boston Data Center Real Estate Demand
The Boston market is viewed by WiredRE as a second or third-tier market. The Boston data center real estate market is well served by Digital Realty Trust, CoreSite, Colospace, and 16 other providers serving the numerous New England financial, healthcare and technology companies.