T5 DATA CENTERS
“ Continuing to grow our third-party services will be at the heart of our strategy to remain the industry ’ s premier data center lifecycle partner ”
PETE MARIN , PRESIDENT & CEO , T5
Scaling Up Last year , in partnership with QuadReal , T5 launched a $ 2.5bn fund to develop , acquire and operate data centers which has proved to be very successful , allowing the company to scale on multiple levels . “ We ’ re well positioned to continue to scale the breadth of our operations ,” confirms Marin . “ We have significant equity to build our asset deployment while remaining nimble as a private company .”
T5 recently acquired an asset in Chicago , which it is currently building out on a turnkey basis . Located in the Elk Grove Village Technology Park , T5 @ Chicago will provide
103,000 square feet of white space and up to 27.6 critical megawatts of power capacity , purposefully designed to serve enterprise and hyperscale cloud computing customers . “ We ’ re constructing a new building in Hillsboro , Oregon , just outside of Portland with a maximum capacity of 17.6 MW ,” adds Marin . “ We ’ ve also acquired an existing turnkey data center in Northern California in Silicon Valley where we ’ ll be able to deliver in excess of 17 MW . Elsewhere , we ’ ve acquired a large tract of land ( 80 acres ) in Atlanta , where we ’ ve started what we call the ‘ horizontal construction ’ of a facility with a total design capacity of 217 MW .”
“ This is just a taste of what we ’ re up to at T5 with many exciting developments in the pipeline . So far , we ’ ve deployed 30 % out of our fund and we ’ ve got a lot more work to do ,” pledges Marin . “ Some of the world ’ s best brands have entrusted us with their facilities , so continuing to grow our third-party services will be at the heart of our strategy to remain the industry ’ s premier data center lifecycle partner .”
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