TierPoint's Boston Data Center Has a New Landlord
High-connectivity site fully leased, mostly to data center tenants
May 4, 2016
Lincoln Rackhouse, a division of a Dallas-based real estate firm called Lincoln Property Company, has acquired a colocation data center in Marlborough, Massachusetts, which is about 30 miles west of Boston.
The building, which has both office and data center space, is fully leased. About 70 percent of it is leased to data center tenants, according to Lincoln.
A Lincoln spokesman declined to disclose who the building’s data center tenants are, but colocation provider TierPoint lists the address (34 St. Martin Street) as the location of its MetroWest Boston data center. TierPoint is potentially not the only data center tenant at the site.
Lincoln bought the property from RREF Real Estate, the spokesman, Warren Loftis, said in an email.
Lincoln is a little-known company in the data center market, but it provides data center services all around the US. It helps companies source data center capacity from other providers but also owns several data center sites itself, including facilities in Texas, Colorado, North Carolina, New York, and now also in the Boston market.
The Boston data center plugs into the area’s diverse fiber network, which is a key aspect of the property as a colocation site. It has access to multiple long-haul fiber routes and sits in proximity to other data centers and telco offices in the area.
The building has about 130,000 square feet of data center space and more than 10MW of critical power capacity, Loftis said. In a brochure for its MetroWest Boston data center, TierPoint says it has 40,000 square feet of raised floor, which means the remaining 90,000 square feet is either leased to other tenants or is being held by TierPoint for future expansion.
TierPoint is a quickly expanding data center provider, doing most of its expansion via acquisition. It acquires smaller-size data center players with facilities in secondary markets, such as Boston.
TierPoint has acquired the data center business of the telco Windstream, Midwest data center provider Cosentry, Chicago data center provider AlteredScale and Florida provider CxP.
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