H5 Data Centers buys PNC Bank facility in Ohio

The deal follows on form a string of investments and expansions carryout by the American operator which is today present in 14 US markets.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

December 14, 2021 | 1:00 AM GMT

US colocation provider H5 Data Centers has acquired 925 Dalton Avenue, a 107,000 square-foot, 2MW data centre in Cincinnati, Ohio.

Originally developed by PNC Bank, the purpose-built enterprise data centre is a Tier III, concurrently maintainable site located near downtown Cincinnati and less than 15 minutes to Cincinnati/Northern Kentucky International Airport.

The new Cincinnati property compliments H5 Data Centers’ existing edge data centre and carrier hotel in Cincinnati located nearby at 360 Gest St.

Josh Simms, founder and CEO of H5 Data Centers, said: “Ohio is a rapidly-growing data centre market. H5 Data Centers will leverage our existing edge data centre and carrier hotel location with the space, power and cooling capacity of 925 Dalton to deliver an exceptional colocation product to the Cincinnati market.

“We welcome the opportunity to continue to grow Cincinnati’s interconnection community and serve the mission-critical needs of the region’s leading enterprises.”

Inside H5 Data Centers’ Cincinnati facility acquired from PNC Bank. Source: H5

H5 Data Centers currently manages data centres in 14 US markets covering over two million square feet of hosting space.

These markets include Albuquerque, Ashburn, Atlanta, Charlotte, Cincinnati, Cleveland, Denver, New York, Phoenix, Quincy, San Jose, San Luis Obispo, San Antonio, and Seattle.

Its latest expansion took place in September 2021, when it opened a Cleveland STEM Innovation Center with 351,000 square-foot data centre.

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

DivcoWest reportedly paid US$135 million to buy 325 Hudson Street asset located Hudson and Vandam Streets in lower Manhattan from Jamestown.


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João Marques Lima

Founder and Editor, The Tech Capital

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