Corporate Office Properties Trust (COPT) recently completed a new lease at its COPT DC-6 (Power Loft) data center in Manassas, Virginia, the company said this week. A "high-growth commercial colocation provider" has committed to one megawatt (MW) of space, plus opportunities for future expansion.
The lease means that 4 megawatts of the data center's 18 potential MWs are committed, which increases the percentage leased to 22 percent. Earlier this year, COPT re-branded the wholesale data center property, originally known as Power Loft, and retooled its marketing efforts.
“We are pleased to complete this new lease at COPT DC-6, and believe it validates the re-branding and marketing efforts recently launched with respect to the asset,” said Roger Waesche, Jr., President & Chief Executive Officer of COPT,
COPT is a real estate investment trust that focuses on properties for the federal government, including specialized IT facilities for the defense sector. The company owns 267 office and data properties totaling 20 million rentable square feet, and is well-versed in data center development.
The 233,000 square foot Power Loft data center opened its doors in 2010, with a new design focused on energy efficiency. The two-story Power Loft data center was one of the first designs to create a “hard separation” between the server area and the mechanical equipment. It was acquired by COPT in Sept. 2010 for $115 million.