Zayo Group Holdings, Inc. (NYSE: ZAYO) says it will move into a data center in Piscataway, NJ. The company says it already has an anchor client for the carrier-neutral facility, which will have more than 47,000 total square feet and up to 5 MW of critical power available.
The anchor client is a financial services company that will take space and power in the data center as well as two dark fiber rings. Zayo says it will renovate the remaining space and upgrade critical power to sell to other customers. The facility will link to Zayo’s data center at 165 Halsey St. in Newark as well as to local carrier hotels and more than 1,000 data centers globally.
“The tri-state area is one of the most important data center markets in the world, with a diverse base of businesses, including financial and professional service companies, contributing to strong demand,” said Bruce Garrison, senior vice president of Zayo’s zColo business segment. “This facility provides an excellent option for colocation space in the Northeast with connectivity across North America and around the world.”
The new location will give Zayo’s zColo 51 data centers in more than 30 markets across North America and Europe. As the relationship with the anchor tenant illustrates, Zayo can provide both space and power as well as connectivity over its global fiber network. Zayo recently announced a company restructuring that will see it split in two (see "Zayo to split in two"). zColo is slated to become part of an infrastructure company that Zayo plans to convert into a REIT.
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