ByteGrid, a relatively new US wholesale data center provider, has completed a capacity-expansion project at its first data center in Silver Spring, Maryland, a town neighboring Washington, D.C. and northern Virginia.

Northern Virginia is where wholesale heavyweights like DuPont Fabros, Digital Realty Trust and CoreSite have major presence, competing to address demand for data center space in the D.C. market.

ByteGrid CEO Ken Parent said it was not in its plans to go against the established players in the market nearby. “Even though we’re relatively close to Ashburn, [northern Virginia], we’re really are in an area of the greater Washington, D.C., market that’s underserved,” he said.

”We wouldn’t mind leasing against them,” Parent said, referring to the three big wholesalers. “But we don’t need to. We would rather focus on a market niche that we believe is underserved and finding a product that might be a little bit different.”

The Silver Spring area has some data enters, some of them enterprise facilities and some operated by smaller private wholesale data center providers. “It’s an area that enterprise customers are used to being in,” Parent said.

ByteGrid bought its data center from an enterprise end user (one of the world’s biggest financial-services companies), which has since been leasing its data center space back from the provider. Parent said ByteGrid was comfortable with these types of deals and would be seeking to expand further in this manner.

The four-year infrastructure upgrade project has turned the Silver Spring site into a multi-tenant data center. ByteGrid is still housing the original tenant there, except it is now offering about 3.6MW of capacity to other end users.

The company’s CEO said there were many opportunities for deals like its acquisition of the Maryland data center and it was seeking them out. “We will be announcing a second acquisition, I’m confident, within the next few months,” Parent said. The goal is to roll out two or three of these things every year.”

Corrected: previous version of the article said ByteGrid was offering 2.4MW of power at the site. The company is actually offering 3.6MW. DatacenterDynamics regrets the error.