CyrusOne Maintains Warp Speed, Accelerating from Zero to 160 in Northern Virginia
Fourth Area Data Center Campus to Result in Over 160 MW of Total Available Power Delivered Since Entering Key Market in 2015
STERLING, Va.–(BUSINESS WIRE)–Jul. 26, 2018-– CyrusOne(NASDAQ: CONE), a premier global data center REIT, today announced the purchase of land and a newly-built powered shell for an enterprise data center in Sterling, Virginia. With completion of the first phase scheduled for the first quarter of 2019, the facility is expected to eventually provide 33 megawatts of available power, bringing CyrusOne’s total power capacity in Northern Virginia to over 160 megawatts. The new development is the fourth separate campus in a market fast-growing CyrusOne first entered with the opening of its Sterling I Data Center in 2015. The company is known for developing major data centers in as little as six months.
“Hyperscalers demand warp speed, and we’re proud to be accelerating from zero to 160 in Northern Virginia, driven by demand from cloud and enterprise customers,” said Tesh Durvasula, chief commercial officer, CyrusOne. “Our land acquisition, development, construction, and capital markets teams continue to execute at a level unmatched in the industry to produce the inventory necessary to meet the ongoing need for new capacity in Northern Virginia and other key markets.”
CyrusOne operates 45 data center facilities across the United States, Europe, and Asia to provide customers with the flexibility and scale to match their specific IT growth needs. CyrusOne facilities are engineered to include the power-density infrastructure required to deliver high availability, including architecture with the highest available power redundancy (2N).
CyrusOne (NASDAQ:CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for approximately 1,000 customers, including 200 Fortune 1000 companies and nine of the top 10 cloud providers.
With a track record of meeting and surpassing the aggressive speed-to-market demands of hyperscale cloud providers, as well as the expanding IT infrastructure requirements of the enterprise, CyrusOneprovides the flexibility, reliability, security, and connectivity that foster business growth. CyrusOne offers a tailored, customer service-focused platform and is committed to full transparency in communication, management, and service delivery throughout its 45 data centers worldwide.
David M. Baum, 646-428-0620