Compass Datacenters Acquires Real Estate In Columbus, Ohio Area For Data Center Complex

Land Parcel Is Located In New Albany And Will Be Home To Compass' First Data Center in Ohio

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Jan 07, 2014, 08:00 ET

DALLAS and NEW ALBANY, Ohio, Jan. 7, 2014 /PRNewswire/ -- Compass Datacenters has acquired a property in suburban Columbus, Ohio that will serve as a campus for the company's first data center facilities in Ohio. The 9.2 acre parcel of land, which closed for $1.93 million, is located within the 3,000 acre New Albany Business Park that is designed as a hub for corporate headquarters, technology firms and other companies in the fast-growing Columbus region. The property will be developed into a Compass Datacenters campus that will house up to five dedicated, Tier III and LEED Gold certified 1.2 MW data center facilities for enterprise customers and service providers. Upon completion of the buildout, private investment in the campus is expected to exceed $60 million.

"We chose the Columbus market as the location for our next data center development because multiple firms have expressed an interest in having a facility in this area, indicating that there is strong demand for data center space in Columbus. We are investing in New Albany to provide companies with the ability to obtain data center facilities they traditionally could only get by developing in a larger market such as Chicago and New York or through a lengthy and costly process of building a facility themselves," said Chris Crosby, CEO of Compass Datacenters. "Our feature-rich product includes all of the must-haves that enterprise customers and services providers look for in a mission critical facility."

"Data centers are a key part of the infrastructure for the economy today because they provide the home for computing systems that are at the heart of so many businesses' operations. Communities that have great data center facilities often serve as a magnet for companies who invest, grow and create jobs. New Albany Business Park is recognized in Ohio as a hub for data centers and other mission critical facilities, and we're pleased to welcome Compass as it joins other leading brands that have a data center presence in New Albany, such as Nationwide Insurance, TJX, Motorist Insurance, Abercrombie & Fitch and American Electric Power," said Bill Ebbing, President of the New Albany Company.

"Compass has earned a national reputation for being a leader in the data center industry. We welcome the company to our business community and appreciate its investment in our community," said New Albany Mayor Nancy Ferguson. "Data centers have a significant impact on an area's economic health, not only through the direct investment of building of facilities but also through the impact these technology buildings play in helping companies grow and support new jobs. We want the world to know that New Albany is a great place to work and do business, and Compass' investment here will make this an even more attractive place for companies who want grow."

Crosby added: "The local government and business community in New Albany have been an ideal partner in this process, and I want to extend my thanks to Mayor Ferguson and her staff, Bill Ebbing and the team at the New Albany Company, and everyone else who has played a role in helping us make this investment and bring this technology infrastructure to the region."

About Compass Datacenters
Compass Datacenters builds natural disaster-resistant, Tier III-certified, LEED Gold, dedicated data centers where customers need them without forcing them to sacrifice features or performance. The innovative design of its facilities make it possible for Compass Datacenters to deliver state-of-the-art solutions that enhance control and simplify capacity planning for customers anywhere in the United States, serving the vast majority of companies that are not located in the few markets where geographically-constrained data center facilities are currently concentrated. For more information, visit www.compassdatacenters.com.

About the New Albany Business Park
The New Albany Business Park consists of more than 3,000 acres in one of the country's largest master-planned business parks in the region and one of the fastest growing in the country. The Business Park currently has more than 12,000 employees in its multiple campuses that can accommodate a range of facilities from global headquarters, to large scale distribution and light manufacturing facilities as well as data centers and R&D facilities. The New Albany Business Park contains shovel-ready sites, highway accessibility, advanced fiber optics network and dual feed electric capacity. The Total private investment in the park is currently $1.5 billion. For more information, visit www.newalbanyohio.org or www.newalbanycompany.com.

SOURCE Compass Datacenters