Data center developer 365 Main is expanding its New York data center, doubling the size of the facility to address increasing demand. The company is adding 16,000 square feet of space at its existing facility at 65 Broadway.
365 Main said it has made ”considerable investments” to build out the facility, which is located near Wall Street and enables the company to increase its base of financial services customers.
“365 Main is committed to meeting rapidly growing customer demand in New York and other critical geographies,”” said Chris Dolan, CEO. “Strategic expansion is at the core of the 365 Main customer service plan, from the moment we acquired our 16 data centers in 2012. We are translating our vision into meaningful action – our customers and partners are queuing up to
capitalize on our increased size and markets.”
Dolan and partner James McGrath bought 16 data centers from Equinix last year, including a number based in secondary markets where 365 Main sees growth potential. But the company also sees opportunity in historic data center hubs, including Manhattan.
365 Main is a privately held company based in San Francisco. Its financial partners include Housatonic Partners, Crosslink Capital and Brightwood Capital.