CRG West Leases First NY Facility
July 17th, 2007 By: Rich Miller
Data center operator CRG West has leased the seventh floor of 32 Avenue of the Americas in Manhattan, and will use the space to open its first data center in New York City. CRG West, which is owned by The Carlyle Group, will take 51,000 square feet in the high-tech Tribeca office building owned by the Rudin family. The space will be designed to support clients with requirements of up to 150 watts per square foot, according to Commercial Property News.
The lease continues the expansion by CRG West, which owns the landmark One Wilshire carrier hotel in Los Angeles. In May it bought the 70 Innerbelt in Somerville, Mass. and 427 LaSalle in Chicago. CRG West now operates more than 2 million square feet of carrier hotel and data center space in nine facilities in Los Angeles, San Jose, Chicago, Boston, Miami and Washington, D.C. as well as New York.
Earlier this month CRG West said that it had expanded its neutral Internet exchange service, Any2Exchange (PDF), into its buildings in Chicago, Miami and Washington, D.C. “All three expansion points are in markets considered underserved by neutral Internet exchanges,” said CRG Managing Director John Savageau. “As the Internet protocol continues to become the dominant support layer for interactive and on-demand business and entertainment content, exchange points will continue to grow in value.”
32 Avenue of the Americas was built in 1932 by AT&T, and for many years was one of the city’s critical communications hubs, along with the Western Union building at 60 Hudson Street. The 27-floor, 1.15 million square foot property was purchased by the Rudin Organization in 1999.