Cushman & Wakefield to Market DFW Data Center
- Jul 16, 2018
Ascent has partnered with Cushman & Wakefield’s Data Center Advisory Services to market its newest data center, DAL1, located in Plano, Texas. Ascent acquired the facility earlier this year and implemented an overhaul of the entire 43,300-square-foot building.
DAL1 is located on a 4.3-acre lot and currently offers 2.7 megawatts of critical IT power across 17,700 square feet of raised floor space. The data center can support higher density deployments, offering scalability up to 5.4 megawatts and 40,000 square feet of raised floor. The facility is reinforced against EF5 tornadoes with 15-inch concrete walls, a 13.5-inch roof, blast doors and an infrastructure capable of withstanding winds up to 360 mph.
Ascent is currently situated in five key North American data center markets, such as Toronto, Chicago, St. Louis and Atlanta, besides Dallas-Fort Worth. Recently, the company tapped JLL to market its 185,000-square-foot data center in Atlanta.
Market for data business
Dallas-Fort Worth is one of the fastest growing data center markets in North America. According to CBRE’s U.S. Data Center Trends Report, it is surpassed in total MW inventory only by Northern Virginia and Silicon Valley. Texas offers powerful incentives to data center providers, with a tax abatement period that can extend up to 15 years.
“Data center users and investors have flocked to the Dallas region for a number of reasons. By 2030, Texas will become the largest ‘Mega Region,’ surpassing Boston-New York-D.C. in population. The recognition of the population explosion in Texas offers unique opportunities for data centers to be near the people they serve. Additionally, Dallas offers competitive, deregulated power and superior fiber connectivity,” said Rick Hughes, executive managing director at Cushman & Wakefield, in a prepared statement.
Rendering courtesy of Ascent Corp.