March 10, 2011 – (HOSTSEARCH.COM) –
ServInt, a pioneering provider of managed hosting for enterprises worldwide, today announced it has leased more than one-half a megawatt of data center capacity at CoreSite Realty Corp.’s expanded facility in Reston, Va., which is now under construction.
CoreSite is a national provider of powerful, network-rich data centers.
Grubb & Ellis Associate Vice President David Horowitz and Senior Vice President William Moser, both in the Company’s National Data Center Practice, represented ServInt in this leasing transaction.
The new ServInt data center is expected to open in the second quarter of this year. It will complement ServInt’s existing Washington, DC data center facility as well as the ServInt data center in Los Angeles.
“This significant expansion of our data center resources will help us ensure ample capacity for ongoing and future growth,” said ServInt CTO Matthew Loschert. “We selected CoreSite’s Reston facility for our expansion because it provides best-of-breed connectivity, energy efficiency, power redundancy and environmental sustainability. We consider it to be the best-positioned data center in Northern Virginia.”
CoreSite Senior Vice President of Strategy and Marketing David Dunn said, “It is gratifying to expand the data center resources of an important customer like ServInt in an established CoreSite market. ServInt’s growth is a testament to their ability to anticipate customer needs and invest wisely in the necessary resources. We believe our facility is well suited to meet the demanding hosting requirements of ServInt’s wide range of customers.”
Grubb & Ellis’ Horowitz added, “Working with a large, national developer creates efficiencies for companies with a presence in multiple markets. For that reason, it was ServInt’s preference and our recommendation to work with CoreSite in this transaction. We’re excited we were able to help expand this relationship, and we look forward to working together in the future as ServInt continues to grow.”
About CoreSite
CoreSite Realty Corporation (NYSE: COR) delivers powerful, network-rich data centers that optimize, secure and interconnect the mission-critical IT assets of the world’s top organizations. 600+ customers, including Global 1000 enterprises, cloud providers, financial firms, and Government agencies, choose CoreSite for reliability, service and expertise in delivering customized, flexible data center solutions. CoreSite offers private data centers and suites, cage-to-cabinet colocation, and interconnection services, such as Any2, CoreSite’s Internet exchange. The Company’s portfolio comprises more than two million square feet, including space held for redevelopment and development, and provides access to over 200 network service providers via 11 data centers in seven key U.S. economic centers.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Its 6,000 professionals in more than 100 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the Company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), mutual funds and other real estate investment funds.
About ServInt
ServInt is a pioneering provider of high-reliability, managed hosting for enterprises worldwide. ServInt was founded in Northern Virginia in 1995 as one of the first hosting companies to offer a Managed Dedicated Server solution. From multiple world-class data centers, ServInt now provides its scalable suite of VPS and Managed Dedicated Server packages to thousands of customers in more than 100 countries.
