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DivcoWest buys $135m New York data centre

Facility is located close to Disney’s new 1.2 million square foot headquarters.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

May 27, 2021 | 3:38 PM BST

US colocation provider H5 Data Centers has sold its data centre at 325 Hudson, NYC, a 225,000 square-foot facility and carrier hotel to real estate investor DivcoWest.

According to IPE Real Assets, DivcoWest paid $135m to buy 325 Hudson Street asset located Hudson and Vandam Streets in lower Manhattan from Jamestown.

In partnership with DivcoWest, H5 Data Centers will continue provide data centre space and services in one of the world’s largest data centre markets. 

Complementing existing data centres in key Eastern US metros such as Ashburn, Atlanta and Cleveland, New York is H5 Data Centers’ 14th US market.

325 Hudson is a mixed-use building located on the fiber-dense Hudson Street corridor on the West side of Manhattan with access to multiple Megawatts. 

Customers at 325 Hudson may access more than 40 unique communications networks and access the growing NetIX and DE-CIX Internet exchanges.

Ariel Aber, DivcoWest’s head of the NY region, said: “This building offers real optionality for a variety of users.  There is tremendous interstitial space between floors, which will appeal to research use, while the large floor plates with clear window lines will also benefit life science and creative office users.

“DivcoWest believes these features, combined with the unparalleled connectivity, technology infrastructure and location, make the building a rare proposition for enterprises across media, life science and office sectors.

Josh Simms, founder and CEO of H5 Data Centers, added: “New York is one of the world’s largest communications hubs. H5 Data Centers will work with its customers to build upon the existing interconnection ecosystem at 325 Hudson, which consists of over 40 unique networks. 

“We welcome the opportunity to serve a combination of international communications carriers, Internet exchanges and rapidly-growing segments such as content distribution networks and cloud services providers.”

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João Marques Lima

Founder and Editor, The Tech Capital

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