CRG West Expands in Boston, Miami
CRG West has announced a major expansion of both power and space at its Boston data center, and has added connectivity in its Miami facility. The company has added an additional 17 Megawatts of power at 70 Innerbelt, its carrier-neutral data center in Boston, and will make another 130,000 square feet available later this year and in 2009.
Tenants have the option of leasing wholesale space supported by cooling or generator plants and finishing the technical space themselves, or having CRG West build them a completed colocation data center. CRG West will build and manage two Tier III central cooling and generator plants, which could be combined to provide Tier IV redundancy.
"The expansion blends the traditional wholesale data center and retail colocation models," said CRG West Senior Vice President David Dunn. "Our enterprise data center offering allows a company to design and finance the improvements within the dedicated suite themselves or have CRG West build, operate and manage the environmentals as in a traditional colocation relationship. At 70 Innerbelt, the prospective tenant can determine the optimal balance between internal resources, IT timing and the balance sheet. We could even support data center container deployments; our facility will be that flexible." Dunn said CRG West can deliver space within 90 to 120 days.
Posted by Rich Miller 
April 15, 2008 | Permalink | Newsletter
January 04, 2008
CRG West Buys Virginia Data Center
CRG West has acquired a 285,000 square foot data center and office property in Reston, Virginia, continuing its expansion in major Internet markets. After an extensive search for new properties in the Washington, D.C. area, CRG has bought 12100 Sunrise Valley Drive, a facility previously used by America Online. CRG will invest $20 million in improvements to the facility, including connections to its existing data center at 1275 K Street in Washington, which has more than 40 networks in its meet-me room. 1275 K Street has been near full capacity for some time.
The building, which was "significantly remodeled in 2000," includes 60,000 square feet of raised-floor space and 180,000 square-feet of office space. The data center has power from separate substations, and CRG West said it will deliver customers up to N+1 or 2N power redundancies, with a critical load of up to 175 watts per square foot. Existing connectivity providers include Verizon, Level 3, Qwest and Sprint.
Posted by Rich Miller January 04, 2008 | Permalink | Newsletter
November 29, 2007
CRG West Expands Miami Exchange
CRG West will expand its data center space at the Miami Exchange, adding 16,000 square feet of space to accommodate new customers, the company said today. The Miami Exchange is a 48,000-square-foot carrier-neutral data center located at 2115 NW 22nd Street, which was oringially developed by WilTel and bought by CRG in 2002.
"CRG West’s expansion in Miami reflects the growing domestic and international demand for highly secure, conditioned data center space in major metropolitan markets," said David Dunn, Senior Vice President of CRG West. "Our ability to offer quality colocation space now and in the future provides our customers with the comfort that they can expand their footprints within the same facility as their business grows."
Posted by Rich Miller November 29, 2007 | Permalink | Newsletter
September 21, 2007
CRG West Expands at One Wilshire
CRG West has expanded its data center space at the One Wilshire building in Los Angeles, adding 25,000 square feet on the 27th floor engineered for power loads of 150 watts per square foot. The expansion space will provide additional colocation space for CRG West's existing tenants at One Wilshire, including Creative Thought, Hutchison Global, Korea Telecom, and Pacific Crossing Limited.
CRG West is also building out an additional 30,000 square feet of space at its second Los Angeles data center, Wilshire Annex, to meet the needs of new customer commitments from Slide, eHarmony and 3jane IndieClick. The new space at the Wilshire Annex will be able to support power requirements of 175 watts per square foot. The Wilshire Annex is a 450,000 square foot data center that for many years served as a central mail facility for the United States Post Office.
"The demand for space in our data centers has never been stronger and this trend shows no sign of slowing," said David Dunn, senior vice president of CRG West. "The industry's enthusiasm surrounding our continued service upgrades and expansion in Los Angeles is exciting to witness as we continue our commitment to provide best-in-class colocation, interconnection and peering services at One Wilshire and Wilshire Annex."
Posted by Rich Miller September 21, 2007 | Permalink | Newsletter
August 13, 2007
Expansion Continues for CRG West
The way John Savageau sees it, the recent sale of Landmark Los Angeles carrier hotel One Wilshire will simplify his life. Savageau is managing director of CRG West, the Carlyle Group subsidiary that had been managing the building, which includes both telecom and office tenants. When one of the law offices or the bank on the first floor has a problem, they now can turn to the building's new owner Hines REIT, freeing Savageau to focus solely on managing the more than 170,000 square feet of data center space at One Wilshire.
And there's plenty of data center business for CRG West, which has been steadily increasing its national footprint of data center and carrier hotel properties over the last two years, as well as building its meet-me-room and interconnection business. Last month CRG leased 50,000 square feet of space of 32 Avenue of the Americas in Manhattan for its first New York City facility. 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.
It recently expanded its neutral Internet exchange service, Any2Exchange (PDF), into its buildings in Chicago, Miami and Washington.
Posted by Rich Miller August 13, 2007 | Permalink | Newsletter
August 06, 2007
LA's One Wilshire Sold for $287 Million
One Wilshire, the premier carrier hotel in Los Angeles, has changed hands. Global private equity firm The Carlyle Group said Monday that it has sold the landmark telecom building to Hines REIT for $287 million. That works out to $432 a square foot for the 664,248 square foot building.
One Wilshire is one of the best-known telecom buildings in the country, with 62 percent of the property occupied by communications companies including Verizon Communications, Savvis, Level 3, Global Crossing, Qwest Communications, Pac-West and Carlyle Subsidiary CRG West. Carlyle reportedly paid $119 million for the building in 2001 and spent $30 million on infrastructure improvements, including additional generators and upgrades to the building's electrical system.
"One Wilshire is an outstanding investment for the Hines REIT," said Charles Hazen, president of Hines, a Houston-based real estate investment firm. "This acquisition allows us to expand our portfolio in one of our primary target markets, and in addition acquire one of the world's premier telecommunications assets."
"Carlyle is pleased to have created lasting value at One Wilshire during its ownership," said Thomas M. Ray, managing director of The Carlyle Group. "The combination of first-class office space and an incredible density of global carriers make One Wilshire a unique asset. The first-class professional management and leasing capabilities of Hines make it an outstanding buyer and owner of the Building."
Posted by Rich Miller August 06, 2007 | Permalink | Newsletter
July 17, 2007
CRG West Leases First NY Facility
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.
Posted by Rich Miller July 17, 2007 | Permalink | Newsletter
May 21, 2007
Price for CRG Boston Deal: $32.2M
CRG West recently announced the purchase of buildings in Chicago and Boston to expand its national data center network. CRG West, a unit of The Carlyle Group, didn't disclose the purchase price for the buildings, 427 LaSalle in Chicago and 70 Innerbelt in Boston. At the time, we noted that but media reports placed the sale price of 475 LaSalle at $34 million, or about $210 per square foot for the 162,000 square foot property.
This week the real estate brokers in the deal reported that Carlyle bought 70 Innerbelt from ING Clarion for $32.25 million, or $116.72 per square foot. 276,302 square foot building is more than 80 percent leased, with tenants including Internap Network Services (INAP), Hannaford Bros. Co. and the Museum of Fine Arts. The building currently has approximately 50,000 square feet of direct space available.
Posted by Rich Miller May 21, 2007 | Permalink | Newsletter
May 04, 2007
CRG West Buys Boston, Chicago Centers
CRG West has acquired data centers in the Boston and Chicago markets as it continues to expand its national footprint of carrier-neutral facilities, the company said this week. CRG West, a unit of the Carlyle Group, said it has bought the 70 Innerbelt in Somerville, Mass. and 427 LaSalle in Chicago, and now owns more than 2 million square feet of carrier hotel and data center space in eight facilities in Los Angeles, San Jose, Chicago, Boston, Miami and Washington, D.C.
CRG West didn't disclose what it paid to acquire the buildings, but media reports place the sale price of 475 LaSalle at $34 million, or about $210 per square foot for the 162,000 square foot property. Both facilities were renovated within the past decade, but will undergo additional construction to prepare them for data center usage, including upgraded power and cooling infrastructure.
The 70 Innerbelt is a 276,000 square foot building located less than two miles from downtown Boston and Cambridge, with sturdy power infrastructure and ceiling heights of 16 feet. CRG West plans to offer more than 170,000 square feet of colocation space in phased construction, with an opening expected in the third quarter of 2007.
Posted by Rich Miller May 04, 2007 | Permalink | Newsletter
March 29, 2007
Traffic Exchange Surges at One Wilshire
Internet traffic on the Any2 Exchange at the One Wilshire Building in downtown Los Angeles grew more than 300 percent during the past quarter, according to building owner CRG West. The rapidly growing Internet exchange at the LA carrier hotel now includes 80 networks, and recently began offering high-capacity 10 gigabit Ethernet connections between networks. Peering providers and Internet traffic exchanges like Any2 have seen demand for 10Gig connections increase along with the growth of Internet video and gaming traffic.
"Our Any2 Exchange community is demanding much higher capacity, more Internet peering options, and a roadmap for future growth," said John Savageau, Managing Director at CRG West. "We needed to provide 10 Gigabit Ethernet access ports, the ability to upgrade at some point to 100 Gigabit Ethernet, and ensure the Any2 Exchange community could continue growing to accommodate over 300 networks present at both One Wilshire and Market Post Tower in San Jose, California."
CRG West, a wholly owned subsidiary of The Carlyle Group, operates facilities including One Wilshire, Market Post Tower, 1275 K Street NW in Washington D.C., 427 S. LaSalle in Chicago, and the Miami Exchange.
Posted by Rich Miller March 29, 2007 | Permalink | Newsletter
February 20, 2007
NPR Features One Wilshire Carrier Hotel
National Public Radio technology correspondent Xeni Jardin featured Internet carrier hotels in a segment that aired yesterday. The piece spotlighted One Wilshire, the huge Los Angeles Internet hub owned and operated by CRG West, the technology real estate arm of the Carlyle Group. The report introduced carrier hotels and the basics of Internet infrastructure to a general audience, but also highlighted the fact that "business is booming" at One Wilshire, according to CRG West's David Dunn, who said One Wilshire has experienced demand from the emerging market for Internet video games.
Jardin, also one of the anchor bloggers at Boing Boing, used the recent earthquake in Taiwan to illustrate the resiliency of Internet infrastructure, noting that the networks housed at One Wilshire were able to route around the outages within several days of the earthquake. The segment also mentions the possibility the carrier hotels could be targeted by terrorists, an angle that has often turned up in media coverage of this industry. Internet security guru Bruce Schneier contributed a sound clip that placed the terrorist issue in perspective. You can listen here or check out the photos at Flickr.
Posted by Rich Miller February 20, 2007 | Permalink | Newsletter
July 26, 2006
One Wilshire Upgrades Power After 'Disruption'
One Wilshire, the most wired carrier hotel in Los Angeles, "experienced a disruption" July 13 in one of its electrical distribution systems, according to landlord CRG West. A post on the NANOG list indicates the issue occurred on the 12th floor. "The building’s backup generators came online without delay and ensured the uninterrupted delivery of power to essential building services and to the building’s community of communications service providers," CRG West said in a statement to tenants (available on the CRG web site as a Word doc).
"No injuries were sustained related to the disruption and the disruption was isolated to a small area within the building," CRG West said. "However, as a precaution the fire department requested that the building not open for full occupancy on Friday July 14. Following extensive review, tenant access to the building was restored Friday evening July 14."
Posted by Rich Miller July 26, 2006 | Permalink | Newsletter
July 25, 2006
CRG West Buys Miami Exchange
Carrier hotel operator CRG West has added the Miami Exchange to its growing portfolio of data centers. The building, located at 2115 NW 22nd St. in Miami, covers 48,000 square feet and provides finished data center space for carriers, VOIP, CLEC, and enterpise customers. The facility was initially built by Williams Communications in 200-2001. No purchase price was announced.
CRG West is part of the huge private investment firm The Carlyle Group, and owns and operates the One Wilshire Building in Los Angeles, Market Post Tower in San Jose, and the 1275 K Street carrier hotel in Washington, D.C.
Posted by Rich Miller July 25, 2006 | Permalink | Newsletter
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