Two Major Data Center Expansions Continue Momentum of Flexential’s National Footprint
20 acres of recently acquired land in Portland, OR will become home to the company’s largest single data center
CHARLOTTE, N.C. and DENVER – June 12, 2019 – Flexential, a leading provider of data center colocation and hybrid IT solutions, today announced major expansions in both its Portland, Ore. and Nashville, Tenn. markets, including the construction of a vast, new state-of-the-art data center in Portland and the build out of nearly 40,000 additional square feet in one of its Nashville data centers. These new developments are evidence of Flexential’s continued growth and commitment across the country to create solutions at the Edge—right where customers demand low latency access to data.
“Always striving to stay ahead of our customers’ IT capacity needs, we constantly seek opportunistic expansion of our data center portfolio nationwide,” said Joe Guerriero, General Counsel and Real Estate Portfolio Manager, Flexential. “Customers look to us to provide flexible colocation services, in the most appropriate location, in order to solve complex IT requirements. Physical data center space is an essential piece of nearly every solution—from colocation, cloud, DRaaS or professional services.”
Growth in Portland
Flexential plans to construct its new facility, the largest to date, in Hillsboro on 20 acres of land near the company’s existing data centers, increasing Flexential’s footprint in the market to more than 500,000 gross square feet upon completion. One new Flexential customer, a global file storage company, recently signed a five-year contract to use significant space, 3 MW of high-density power, with the ability to expand to 9 MW, in one of the current Hillsboro data centers.
Direct access to three trans-Pacific subsea cables, supplying connectivity between Asia and the western coast of the United States, along with some of the lowest tax rates in the U.S., make Flexential’s Portland facilities an attractive option for businesses looking to balance cost, infrastructure and best deliver their services.
Growth in Nashville
In August 2019, Flexential will open nearly 40,000 sq. ft. of additional raised floor capacity at one of its Nashville data centers, offering a total of 10.65 MW and 165,000 sq. feet at its Nashville sites, a key growth market specifically for financial services and healthcare industries. The Nashville expansion includes 10,000 sq. ft. of space for one enterprise customer.
“Recent IDC research1 estimates that the world’s data storage needs will exceed 175 zettabytes by the year 2025, and although public cloud services are expected to expand accordingly, the need for data center services is expected to rise at an equivalent rate,” said Brad Casemore, IDC analyst. “Data centers continue to be an important part of the IT and data storage puzzle for growing businesses, and we anticipate that will continue to be the case for the foreseeable future.”
Growth in Atlanta
In addition to Portland and Nashville, last month Flexential opened a 70,000 sq. ft addition at its Atlanta colocation facility to provide additional speed, security and services for the fast-growing financial technology (FinTech) industry. The expansion, the largest in the Atlanta region this year, grows Flexential’s national data center footprint to 3.1 million square feet, and demonstrates its continued commitment to providing secure, high-density power, and cost-effective data center solutions to customers in financial services, technology and data intensive industries.
To learn more about Flexential’s data center solutions, click here.
Flexential offers flexible and essential services that help organizations optimize their journey of IT transformation while simultaneously balancing cost, scalability, compliance and security. The company is committed to building trusted relationships and delivering tailored solutions that suit the individual needs of its customers. Flexential is deeply invested in the success of its customers, who trust it to deliver core data center solutions of colocation and connectivity, as well as cloud, managed solutions and professional services. Flexential’s robust suite of assets spans 21 markets and comprises 40 highly redundant and connectivity-rich data centers. For more information on Flexential, please visit www.flexential.com.