Stream Data Centers Sells San Antonio Project
July 26th, 2011 By: Rich Miller
Stream Data Centers has completed the sale of its San Antonio data center to a Fortune 100 corporation, the company said today. The 150,000 square foot facility is located on 33 acres in Westover Hills, a suburb of San Antonio that is also home to major data center for Microsoft and several other enterprise companies.
The buyer conducted a national search and considered multiple locations in the southwestern U.S. before selecting Stream’s RTF (Ready To Fit) “powered shell” facility in San Antonio. Terms of the transaction are not being disclosed.
The Stream facility features 8-inch-thick concrete walls and a concrete roof system designed to withstand 175 mph winds. The building is served by two, 30-megawatt electric feeds from two, 300-megawatt substations. The entitlement and zoning is complete and all city approvals for all essential data center elements are in place.
Strengths of San Antonio Market Cited
“This sale is an example of the strong corporate demand for data centers and a testament to the strengths of the San Antonio market,” said Paul Moser, co-managing director of Stream Data Centers. “San Antonio has emerged as one of the most active enterprise data center markets in the country over the last five years.”
The power and water infrastructure within San Antonio make it a desirable location for data center operations. Affordable land is plentiful, and the city has a favorable profile for natural disasters. The city also owns the local power and gas utility, and makes 14 cents on every dollar spent on power by large users.
Recycled Water a Factor
The San Antonio Water System has been offering recycled water to its industrial customers since 1996. Recycled “grey” water isn’t fresh or drinkable but is not contaminated by any toxic substances or toilet wastes, and is considered environmentally friendly because it reduces demands for fresh water
Stream Data Centers has been providing space for large, enterprise data center users for more than 12 years, with a client list including Apple, AT&T, The Home Depot, Nokia and others. During that time Stream has acquired or developed more than 1.2 million square feet of data center space in Texas, California and Colorado.