Netrality Properties expands into Houston

Netrality Properties, a colocation/connectivity company that debuted last month, has expanded its footprint into Houston, TX, with the acquisition of a 1.1 million square foot building at 1301 Fannin Street.

The 25-story building, which Netrality described as "fiber rich," was originally developed in 1981 as an enterprise data center and office building. It was later converted to a telecom carrier hotel and office building. Netrality says the facility currently houses more than a dozen networks and nearly 400,000 square feet of data center space. Additional square footage is available for conversion to network colocation use as well, the company asserts. The facility also offers "robust floor loads, power, and HVAC infrastructure," in the words of a Netrality press release.

Netrality says it will add a new "Meet Me Room" (MMR) to draw additional network operators to the building, with the goal of opening the first phase of the MMR in the middle of this year.

The MMR is an important part of Netrality's strategy and differentiation. The company, a joint venture between real estate development firm Amerimar Enterprises, Inc. and Allied Fiber CEO and founder Hunter Newby, offers fiber connectivity, carrier-neutral MMRs and colocation space, and no recurring monthly costs for cross connections between networks present in the MMR (see "Netrality Properties to offer meet me rooms with no monthly cross-connect charges"). The Houston property joins Netrality facilities in New York (325 Hudson Street, via a joint venture with Jamestown, LP), Philadelphia (401 North Broad Street), Kansas City (1102 Grand), and Chicago (717 South Wells).

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