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365 Main Acquires Oakland Facility

January 11, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Data center developer and operator 365 Main (365main.com) announced on Wednesday it has acquired a new facility in Oakland, California, and plans for one in Vernon, California to meet growing demand for modern data center space. The announcement comes as the company has sold out its flagship facility in San Francisco and as its El Segundo, California data center, which opened in June 2006, is already nearing capacity.

   
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365 Main will open a 111,000 square-foot data center in the fiber-rich district near Jack London Square in the first quarter of the year. While the facility is currently operational, the company is investing in electrical and mechanical infrastructure to meet its stringent standards for power, cooling, connectivity and security. The property is located less than 10 miles from 365 Main's founding property in San Francisco.

Metro PCS Wireless Inc. and T-Mobile USA are already tenants within the secure telecommunications building, which was built in 2001. 365 Main says there is a considerable demand for the remaining space, as the first lease for a private colocation room has already been signed by managed services provider GNi.

"The demand for high-quality data center space in the San Francisco Bay Area is the greatest in the country, and we've simply run out of room at our San Francisco facility," says 365 Main Chris Dolan. "Expanding to Oakland fits all our criteria: existing demand, existing tenants, good location, well-defined pipeline. It's a strategic move that makes sense for our business, and we look forward to becoming part of the Oakland community."

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