Real estate development firm Amerimar Enterprises, Inc. and Allied Fiber CEO and founder Hunter Newby have combined to launch Netrality Properties. The new venture will leverage carrier hotels that Amerimar has acquired over the last several years in North America to offer fiber connectivity, a carrier-neutral meet me room (MMR) coupled with colocation space, and no recurring monthly costs for cross connections between networks present in the MMR.
Netrality Properties currently owns and operates properties 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). The four facilities represent a combined 1,900,000 square feet of space. The company says it has "an aggressive plan" to buy other properties in Tier 1 and Tier 2 markets in North America.
The Netrality facilities will offer colocation cabinets, cages, and suites, as well interconnection and remote hands services. Some in"“select locations" will also offer wholesale data center and powered shell services.
"Netrality Properties is the result of a 15-year relationship which has culminated in the creation of a business model that effectively integrates operation of meet me room and colocation facilities with the ownership of real property," said Jerry Marshall, Netrality's CEO, referring to the fact that he first collaborated professionally with Newby in 1999. "We believe we have created the most cost-effective and stable operating model for our network and enterprise customers available in core interconnection facilities."
In addition to his current work with Allied Fiber, Newby has significant experience in the colocation business, having co-founded The telx Group in 2000 (see "Bubble-era ambition in a post-bubble world"). "For years, I have been asked by the industry to bring back my original MMR model of no monthly recurring charges for cross connects. Today, we bring that model back," stated Newby via a press release. "And we do so with unified building and MMR ownership to create a stable environment for all network operators."
A Netrality spokesperson told Lightwave that there is no direct connection between Netrality and Allied Fiber, other than the presence of Newby. However, the source said it was likely that Allied Fiber’s network (see "Allied Fiber to construct nationwide dark fiber cable system" and "Allied Fiber opens southeast fiber-optic network route") would connect to Netrality facilities "where possible and reasonable."
For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer's Guide.
Sponsored Recommendations
Sponsored Recommendations