Friday, July 29, 2016

Netrality Buys St. Louis Carrier Hotels from Digital Realty

Netrality Properties has acquire two fiber-rich, network-dense carrier hotels in St. Louis, Missouri: 210 N. Tucker, a 400,000-square-foot building, and 900 Walnut, a 100,000-square-foot building.  Additionally, the company has acquired a colocation business located within 210 N. Tucker from 365 Data Centers. Financial terms were not disclosed.

Netrality said these buildings are the most critical core interconnection sites in St. Louis, serving as a gateway to long haul fiber in the region.  Each facility offers carrier-neutral, building-owned and managed Meet-Me Rooms (MMRs).  210 N. Tucker and 900 Walnut offer customers access to over 43+ and 45+ network operators, respectively.

Netrality intends to integrate the operations of the two buildings along with the 365 Data Centers business under common management.

“The acquisition of this portfolio enhances Netrality’s growing national footprint,” said Gerald M. Marshall, Netrality’s President and Chief Executive Officer.  “St. Louis is a key interconnection point for carriers, service providers and enterprise customers in the region.  It was a pleasure working with Mike Darragh and the entire Digital Realty team on this transaction, and we look forward to building on their tremendous legacy in St. Louis.”