Data center company Stack Infrastructure has acquired a data center campus in Albany, Ohio – a new market for the wholesale colocation provider. The acquired campus houses a purpose-built, Tier III data center and offers 17 acres for future data center development.
The new Stack Infrastructure data center campus is positioned within the Golden Triangle, a geographic area linking Northern Virginia, Northern New Jersey, and Chicago. It’s an area where the majority of data transmission in the U.S. occurs, resulting in robust fiber optic and electrical infrastructure. Financial terms of the acquisition were not disclosed.
According to Stack Infrastructure, New Albany and the surrounding area represent a premier emerging market for cloud and enterprise data centers based on their competitive power costs, advantageous tax climate, skilled labor pool, and low risk of natural disasters. The area is home to 15 Fortune 1000 headquarters and significant operations of more than 30 additional Fortune 1000 companies.
Chicago and Portland
This announcement comes on the heels of Stack Infrastructure’s recent Chicago and Portland expansion plans and is part of the company’s corporate strategy of building and delivering additional capacity to support the growth trajectories of its clients.
“We’re very excited to expand our footprint into this strategic market as it gains momentum in the data center world,” said Brian Cox, Chief Executive Officer (CEO) of Stack Infgrastructure. “A location of choice for many data center, cloud, and enterprise entities, New Albany and the Golden Triangle offer a highly valuable range of benefits for Stack’s current and future clients. As we have considered expansion options, this market has remained a priority due to its unique combination of reliable power, robust data fiber networks, proximity to more than half of the U.S. population and the resulting lower latency.”
Stack Infrastructure delivers a comprehensive suite of wholesale colocation, build-to-suit, and powered shell solutions in seven markets today: Atlanta, Georgia; Chicago, Illinois; Dallas/Fort Worth, Texas; New Albany, Ohio; Northern Virginia; Portland, Oregon; and Silicon Valley, California.