Colocation Provider CyrusOne To Build New Data Center in Northern Virginia

CyrusOne (NASDAQ: CONE), a global provider of colocation services, has unveiled plans to build an enterprise-grade multi-tenant data center on property it recently purchased in the Loudoun Tech Center in Sterling, Virginia. This will be the first colocation facility for CyrusOne to serve the U.S. East Coast market.

The 14 acres that CyrusOne has purchased is expected to accommodate a shell of approximately 400,000 square feet with up to 240,000 square feet of raised colocation floor space and up to 48 megawatts (MW) of critical load. The first phase of data center construction includes a 124,000-square-foot shell with 60,000 square feet of raised floor space, 15,000 square feet of office space and 12 MW of critical load.

Q2 2014

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The new colocation facility is expected to have up to 240,000 sq ft of raised floor space and up to 48 MW of critical load

“The purchase of acreage in Northern Virginia is the first step in extending CyrusOne’s presence to the East Coast,” said Gary Wojtaszek, president and chief executive officer of CyrusOne. “We’re very excited to bring our unique approach to providing colocation solutions for Fortune 1000 enterprise customers to a market such as Northern Virginia, which has superior fiber connectivity options and a steady absorption rate of new space. We expect to begin development of our new facility in the second quarter of 2014.”

With 25 carrier-neutral data center facilities across the United States, Europe, and Asia, CyrusOne provides colocation to more than 600 customers, including nine of the Fortune 20 and more than 125 of the Fortune 1000 companies. The company is headquartered in Dallas, TX.

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