365 Main Inc, has announced the acquisition of a new facility in Oakland, California and plans for one in Vernon, California to meet growing demand for modern data center space. The announcement comes as the company has sold out its flagship facility in San Francisco and as its El Segundo, California data center, which opened in June 2006, is already nearing capacity.
Oakland facility
365 Main will open a 111,000 square-foot data center in the fiber-rich district near Jack London Square in Q1 2007. While the facility is operational now, 365 Main is investing in electrical and mechanical infrastructure to meet the company's strict standards for power, cooling, connectivity and security, which are among the highest in the industry. The property is located less than 10 miles from 365 Main's founding property in San Francisco. The acquisition officially closed January 9.
Metro PCS Wireless Inc. and T-Mobile USA are already tenants within the secure telecommunications building, which was built in 2001. 365 Main says demand for the remaining space is significant, and the first lease for a private colocation room has already been signed by GNi, a California-based managed services provider that was named one of the 50 fastest-growing private companies in Silicon Valley by the Silicon Valley/San Jose Business Journal last fall.
Vernon facility
On the heels of its expansion into Oakland, 365 Main has identified the Southern California city of Vernon as a target site for its next data center and has secured exclusive development rights from the city to build a 150,000-square-foot facility. 365 Main's nearby El Segundo data center, which opened in June 2006, is essentially full as the company is in the final stages of signing the last leases for the building.
Since the 1930s, the City of Vernon has maintained a separate electric utility that is dedicated to providing attractive electric rates within the city. Current rates are as much as 40 percent less than other locations in California. Power savings will be passed directly to customers since 365 Main utilizes a unique billing system that charges customers for their exact power usage compared to flat-rate or bulk power billing featured in competitive facilities. 365 Main has seen power demands within its existing data centers quadruple in the last three years, so low electric rates are extremely important to the company and its customers.