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DuPont to House Net2EZ at VA Data Center

By Justin Lee, March 23, 2009

(WEB HOST INDUSTRY REVIEW) -- Real estate investment firm and data center operator DuPont Fabros Technology (www.dft.com) announced on Monday that Net2EZ Managed Data Centers (www.net2ez.net) has pre-leased space at the company's ACC5 data center facility in Ashburn, Virginia.

The details regarding the data center lease were announced earlier, along with the company's fourth quarter 2008 results.

Net2EZ Managed Data Centers, which provides colocation, metro-connectivity and managed data center services, has pre-leased 2.275MW of critical load at DuPont Fabros' ACC5 data center.

The space accounts for 12.5 percent of ACC5's Phase I available critical load and is included in the 57 percent of space pre-leased to date at that facility.

DuPont Fabros first began constructing ACC5 from the ground-up in the first quarter of 2008.

The company expects the data center to be completed in the third quarter of 2009, at which point the two phases of 18.2MW will total 36.4MW of critical load.

Net2EZ currently leases 2.275 MW of critical load at the company's ACC4 data center facility in Ashburn.

"Through this agreement with Net2EZ at ACC5 we are strengthening our relationship with a high quality and valued tenant at our Ashburn campus," says Hossein Fateh, president and CEO of DuPont Fabros Technology. "Moreover, this will allow smaller companies to capitalize on the level of reliability we've made available through our best in class data centers. Looking ahead, it is our hope that Net2EZ will serve as an effective conduit through which smaller scale companies will develop, thrive and ultimately become direct tenants of DFT."

DuPont Fabros Technology provides real estate investment services, as well as owns, develops, operates and manages wholesale data centers.

In October, DuPont Fabros Technology announced it would delay a $270 million data center in Santa Clara, California after it failed to attain enough capital to finance the project.

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