Hosting provider INAP, a company operating its services in 58 primarily Tier 3 data centers in 21 metropolitan markets while having 99 network PoPs available around the world, is significantly expanding its data center presence in Chandler near Phoenix, Arizona through a master lease for a Tier 3 design data center located at 2500 West Frye Road in Chandler, AZ.
A leading private real estate partner, Lincoln Rackhouse, recently acquired the property, and a Fortune 100 financial services company will remain the anchor tenant of this data center. Through their long-term lease, INAP will add approximately 200,000 gross square feet of data center space with up to 10 MW of “highly” redundant critical power capacity.
“We are extremely excited to establish a flagship presence fully controlled by INAP, including Bank of America as the anchor tenant,” said Corey J. Needles, Sr. Vice President and General Manager at INAP U.S. “This expansion adds much needed capacity in the vibrant and highly strategic Phoenix/Chandler market. This facility gives INAP a powerful competitive position within this market, requires no upfront cash investment, enabling us to light customers on day one to support growth, and is a great location that gives us options for potential consolidation of our currently 100% utilized Phoenix footprint. We expect increasing contribution from this key market going forward.”
The new Chandler data center would offer some of the most robust security, electrical and mechanical infrastructure in the market today. Phoenix is a major destination for new investment and migration by companies, particularly from California, looking to improve their disaster recovery. The State of Arizona has also created a favorable tax environment specifically for data center operations through the use of tax incentives, which is drawing hyper-scalers to its major markets benefiting INAP in turn.