365 Main has re-entered the data center business as a "national player with a local focus." Its initial footprint consists of 16 former Equinix in second-tier markets, an area where the 365 Main team sees lots of opportunity.
365 Main is back. The company has teamed with investors to acquire 16 data centers from Equinix for $75 million, returning to the data center market two years after it sold a portfolio of facilities to Digital Realty Trust.
In the largest deal yet in its acquisition spree, Digital Realty Trust will buy the 365 Main portfolio of five data center properties from Rockwood Capital for about $725 million, the company said this morning.
365 Main has installed a base isolation system in its flagship data center in San Francisco to protect the facility - and its more than 200 customers - from ground movement in the event of an earthquake.