Digital Realty Leases to Neuberger Berman

(WEB HOST INDUSTRY REVIEW) — Asset management firm Neuberger Berman (www.nb.com) has established a large data center presence in a Digital Realty Trust’s (www.digitalrealtytrust.com) ”Turn-Key Datacenter” facility in the Northeastern US, which features a state-of-the-art power and cooling architecture that has been optimized for green operation.

According to a Tuesday announcement from the world’s largest wholesale data center provider, DRT, Neuberger Berman completed a new Turn-Key Datacenter lease agreement, giving it a leading-edge environment to supporting its mission critical applications.

“This Data Center will be a key element of Neuberger Berman’s IT infrastructure, supporting advanced applications that will enable us to continue to serve our customers while growing each segment of our business as an independent asset management firm,” Neuberger Berman information technology senior vice president Paul Metzger said in a statement. “This space enables us to pursue an accelerated timeline for our data center project because it is ready to move into immediately with all of the security, redundant power and technical specifications to support and protect our IT systems.”

With advanced cooling, power, redundancy, and sustainability features to ensure that critical applications are available while optimizing energy efficiency, DRT’s Turn-Key Datacenters are located throughout North America and Europe, and offer scalable IT load from as little as hundreds of kilowatts to as large as megawatts. Each Turn-Key Datacenter facility is also physically secure and built using the company’s proprietary POD Architecture. It also uses metered power to ensure that clients pay only for the power that they use.

As a provider of a wide range of investment products, services and strategies, Neuberger Berman, like others in the in the financial services and brokerage industry, have high technical requirements that make facility selection a very important decision, according to DRT senior vice president Chris.

“These data centers need to be located in facilities with a combination of features that are difficult to find, including advanced power and disaster recovery systems, ultra low-latency fiber connectivity, dedicated infrastructure, superior physical security and more,” Crosby said in a statement. “That is why leading financial services companies such as Neuberger Berman choose to partner with Digital Realty Trust for their data center projects.”

DRT also announced this week that it signed a second turn-key data center lease agreement with IBM (www.ibm.com) to provide Big Blue more space at its Paris facility, following a previous deal with IBM signed in October.

In addition to welcoming new customers to its facilities, DRT has made a number of announcements in April. DRT raised $260 million to temporarily repay the revolving credit line it uses to acquire additional properties, and fund development and redevelopment opportunities. Also, as recently as this week, DRT announced it had selected Lee Technologies to oversee facility operations at 10 of its data centers in Phoenix, Chicago, St. Louis, Dallas and Houston.

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