A new entry in the data center industry is planning to build more than 1 million square feet of premium data center space in up to 10 markets, starting with a new facility in the Phoenix market. i/o Data Centers is the data center operations affiliate of private equity firm IO Capital, LLC with $100 million in assets. i/o’s management team developed and operated the Downtown Phoenix Technology Exchange before selling it to Digital Realty Trust in a 2006 transaction valued at $175 million.
Not surprisingly, i/o Data Centers is starting in the Phoenix market with a Tier 4 managed data center located in the Perimeter Business Center business park in North Scottsdale, Ariz. which is expected to be fully operational by July 1. The site features 12 Mw of power, standby diesel generators, and highly robust mechanical systems supporting in excess of two acres of raised floor data center space.
“The greater Phoenix area is an ideal location for primary or secondary data center colocation needs,” said Anthony Wanger, Senior Managing Director of i/o. “The Phoenix climate and geography provide a stable environment without the risks present in many other cities used for colocation, and the area is widely acknowledged to be free of earthquake, tornado, coastal flooding, hurricane or ‘mega city’ political risks. We have also found the power and utility infrastructure and political climate to be quite responsive.”
i/o Data Centers is a completely integrated data center services firm that delivers raised-floor data center space, conditioned uninterruptible power, network neutral telecommunications access, and internet bandwidth.