INAP (Internap), a provider of Internet infrastructure including colocation, cloud hosting and network services, has entered into an amended agreement with Digital Realty for data center space leased to INAP in Chandler, Arizona.
INAP’s new expansion is driven by a significant anchor tenant in the enterprise software industry. The “state-of-the-art” Digital Realty data center is located at 2121 S. Price Road in the Chandler Price Road technology corridor.
In addition to the Greater Phoenix location in Arizona, INAP also partnered with Digital Realty to realign its existing leases in El Segundo and Oakland, California. The amendments provide renewed lease extensions, with potential for additional data center space to support INAP’s growth in these markets.
“These new agreements with Digital Realty are one of the key initiatives previously described as Phase II of our targeted operations improvements,” said Robert M. Dennerlein, Chief Financial Officer (CFO) of INAP. “We not only expanded our facility on a success basis in a great footprint in Phoenix, but we also developed a path to future growth that our new sales team can now capture. We are excited about our growing momentum to meet customer requirements for Tier 3-type facilities in our portfolio.”
INAP’s expansion into its own space in the Phoenix Digital Realty data center facility gives it the high density flexibility to grow beyond the initial need for approximately 25,000 square feet and 4 MW of power and to deliver up to 20 KW per cabinet in the new expansion space.
“Digital Realty prides itself on supporting its customers from simple colocation solutions to the latest high-density complex deployments,” said Andrew P. Power, Chief Financial Officer (CFO) of Digital Realty. “Extending these contract durations, and serving multiple markets, demonstrates this capability, particularly as INAP takes greater control of its footprint.”