WiredRE Sells Denver Data Center To California Data Center Operator
The 275,000-sq-ft data center facility is a longtime hub of wholesale and retail collocation business in the Denver Tech Center.
Wired Real Estate Group Inc. has announced the sale of a 14 acre, 275,000- sq-ft Denver data center campus to a multi-site California data center operator. The Denver data center campus is a longtime hub of wholesale and retail collocation business in the Denver Tech Center.
Users of data centers and collocation 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 community, a location widely considered the birthplace of cable TV.
“There is ample room for nimble operators with read-to-occupy space to take market share in underserved markets like Denver,” said Everett Thompson, CEO, WiredRE. “This project is a showcase of our low-risk data center investment process and just-in-time revenue program.”