Showing posts with label Sabey. Show all posts
Showing posts with label Sabey. Show all posts

Wednesday, April 11, 2018

Telia Carrier connects Sabey Data Centers Seattle

Telia Carrier is now providing its 100G-enabled IP backbone and transmission network to Sabey Data Center Properties in Seattle.

Intergate.Seattle is Sabey Data Center’s flagship property and is the largest privately owned multi-tenant campus on the west coast. It is composed of two campuses, eight buildings and more than 1,373,000 square feet of data-center space.

“We are proud to partner with Sabey Data Center’s Intergate.Seattle campus. Our reliable network services enable Sabey to deliver the flexibility and capacity its customers need,” said Stephen Hartman, head of Telia Carrier’s North American Region.

Sabey Data Centers pulls in $675m in financing

Seattle-based Sabey Data Centers, which owns and operates data center campuses in Seattle, Ashburn (VA), Quincy (WA) and Wenatchee (WA), closed a $675 million financing package led by TD Securities, including a $425 million 5-year term loan and a $250 million 5-year revolver. 

The company said proceeds of the term loan will be used to refinance existing property-level debt into a corporate facility, while the revolver will be used to fund capital expenditures for data center development and strategic initiatives.  Sabey plans to expand its data center campuses in Northern Virginia as well as in Central Washington, which benefits from low power rates and a mild climate ideal for efficient cooling.

Sunday, January 21, 2018

Sabey Data Center adds antenna superstructure to Manhattan facility

Sabey Data Center Properties, which is one of the largest privately owned multi-tenant data center owner/developer/operators in the U.S. with over 3 million square feet, has deployed a $1 million-dollar antenna superstructure atop Intergate.Manhattan, its 560-foot-tall facility at 375 Pearl Street in Lower Manhattan.

The antenna was placed through an alliance with New York-based Repeater Communications Group. Sabey will market and manage the antenna.

The companies said the triple-tier, line-of-sight connectivity array has already attracted customers including several government agencies, broadband ISPs, and others.

“From atop 375 Pearl Street, line-of-sight providers can reach thousands of buildings in the metropolitan area. We are delighted to partner with Repeater Communications Group because they are tremendous self-starters. They are one of the largest rooftop site operators in the Northeast,” said Robert Rockwood, President, Sabey Data Centers.

Paul Eisenberg, Co-Managing member of Repeater Communications, commented, “The investment that Sabey has made in 375 Pearl Street is second to none.  This building is ideally positioned to become the premier rooftop communications hub serving downtown and midtown Manhattan as well as Downtown Brooklyn.  We are very excited to be working hand in hand with the team at Sabey to achieve this goal.”

There is an unobstructed, 360-degree vantage point atop 375 Pearl Street and the Sabey's Meet Me Room on the sixth floor offers fiber connectivity to 20+ carriers.


Tuesday, December 19, 2017

Sabey Data Centers pulls in $675m in financing

Seattle-based Sabey Data Centers, which owns and operates data center campuses in Seattle, Ashburn (VA), Quincy (WA) and Wenatchee (WA), closed a $675 million financing package led by TD Securities, including a $425 million 5-year term loan and a $250 million 5-year revolver. 

The company said proceeds of the term loan will be used to refinance existing property-level debt into a corporate facility, while the revolver will be used to fund capital expenditures for data center development and strategic initiatives.  Sabey plans to expand its data center campuses in Northern Virginia as well as in Central Washington, which benefits from low power rates and a mild climate ideal for efficient cooling.

“From a strategic perspective, this transaction will provide the capital we need to stay ahead of market conditions. The data center development market is extremely active, especially with prospective tenants who are demanding large blocks of inventory as a condition for entering into a lease deal,” stated Rob Rockwood, President, Sabey Data Centers. “The leasing paradigm has changed. Up to the recent past, data center users would move onto a campus and then build out incrementally, on an ‘as needed’ basis. This is no longer the case.”

See also