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Downtown L.A. Data Center Signs New Tenant
17 Aug, 2007, Los Angeles, CA
Net2EZ Expands Southern California Facilities
Net2EZ Managed Data Centers, a leading provider of high availability collocation and network services in the Western United States, has signed an 11-year lease for 20,000 square feet with Digital Realty Trust (NYSE:DLR) at its 600 West 7th Street facility in Downtown Los Angeles. Bryan Lewitt from Cushman & Wakefield’s Los Angeles West office represented the tenant in the transaction valued at $24.5 million. Reid Tussing and Jason Feeley from Cushman & Wakefield represented Digital Realty Trust, the landlord.
The lease agreement includes 15,000 square feet of Turn-Key Datacenter™ space as well as 5,000 square feet of operations and office space. The new space will support Net2EZ’s growing corporate operations and expanding technology infrastructure in Southern California.
“The Carrier Center facility offers the secure backbone which is critical to maintaining the exemplary level of service we guarantee our clients,” said Net2EZ’s President Jamie Daquino. “We've been watching this dynamic facility develop over the past several years and are excited at the prospect of expanding our operations there.”
This is the second collaboration between Net2EZ and Cushman & Wakefield, who brokered the deal for the company’s flagship data center in El Segundo, California, in January of 2006.
Located in the central business district of downtown Los Angeles, 600 West 7th Street is one of the premier technology properties in the Western United States, offering state-of-the-art datacenter and telecommunications real estate for mission critical computing and network infrastructure. The 450,000 square foot facility features robust electrical systems, HVAC infrastructure and telecom network access as well as advanced physical security and next-generation building automation systems.
About Digital Realty Trust
Digital Realty Trust’s 62 properties, excluding one property held in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 11.4 million rentable square feet, including 1.7 million square feet of space held for redevelopment, Digital Realty Trust’s portfolio is located in 25 markets throughout North America and Europe. For additional information, please visit the Digital Realty Trust’s website at http://www.digitalrealtytrust.com.
About Net2EZ Managed Data Centers
Forged by more than 15 years of technical expertise gained in the financial and telecom industries, Net2EZ has outdistanced its competitors to become a top-shelf provider of corporate information availability services. Utilizing a suite of proprietary professional solutions designed to guarantee uninterrupted access to client data and systems, Net2EZ’s considerable infrastructure affords clients the secure yet accessible, redundant IT environment critical to the success of today’s corporate enterprises. Net2EZ has established a strong foothold in the macrocosm of collocation, connectivity, and managed hosting services by offering its clientele a complete data center solution unmatched in affordability and unrivaled in performance and security. For more information, please visit www.net2ez.com, or contact Nicole Peterson at (888) 931-3444 extension 704, or via e-mail at npeterson@net2ez.com.
About Cushman & Wakefield
Cushman & Wakefield is the world’s largest privately held real estate services firm. Founded in 1917, the firm has 201 offices in 55 countries around the globe, and more than 12,000 professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please visit the firm’s web site at www.cushmanwakefield.com.
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