DTZ has announced that locally based Timeshare Systems Inc. has selected the firm to co-lead agency leasing for its data center at 511 11th Avenue.
James Cali, DTZ senior vice president, will lead the effort along with Mark Evenson, principal and managing director of Avison Young’s Minneapolis office.
Minneapolis’ premier telco hotel, 511 11th Avenue offers up to 300,000 sq ft of mission critical space. It is equipped for data centers, collocation, web hosting, multi-tenant telecommunication switching, fiber network service providers and optical cable backbones. Featuring 85,000 sq ft floor plates, the five-story facility offers the largest contiguous blocks of data center space in downtown Minneapolis. 511 11th Avenue offers an unmatched combination of power and connectivity, with more than 20 fiber carriers available and a PECO substation located directly across the street.
“The property’s downtown location, breadth of fiber providers and state-of-the art data center infrastructure make it very attractive for latency sensitive clients such as streaming media companies, the financial/healthcare sector and hosting/cloud providers,” said Cali, who leads DTZ’s Global Data Center Practice Group. “We are thrilled to represent Timeshare’s facility. The explosion of cloud platforms, data growth and bandwidth intensive applications is causing enterprises and hosting companies to outsource data center requirements into premier facilities that can offer powered shell and turnkey solutions.”
DTZ’s Data Center Practice Group launched in 2004 to bridge the gap between traditional real estate decision making and the evolving technology sector. This team of specialists addresses the highly complex IT requirements of enterprise users both in the U.S. and overseas and has represented several of the largest data center transactions in the U.S.