Cogent Leases POP at Digital Realty

Cogent Communications (CCOI) has leased space in a Charlotte, North Carolina facility owned by Digital Realty Trust (DLR), the companies said Monday. Cogent, a provider known for its "brilliantly fast, radically priced" connectivity, will establish a new point of presence in Digital's Turn-Key Datacenter facility.

The building at 125 N. Myers Street in downtown Charlotte is one of 10 sites around the country where Digital Realty built out undeveloped space for its Turn-Key Datacenter program. The strategy was driven by strong demand for "move-in ready" finished space in those 10 markets, which gave Digital the confidence to invest in fit-outs before tenants were finalized.

The Charlotte project converted 7,000 square feet of shell space to finished data center, which will house Cogent's equipment and provide other tenants located within the facility the opportunity to purchase bandwidth from Cogent.

"Digital Realty Trust team has provided a tremendous amount of effort in making sure our presence met both our technical and business needs," said Dave Schaeffer, founder and CEO of Cogent Communications. "We look forward to providing the tenants at this location with the lowest pricing in the industry for bandwidth that is backed by one of the industry's leading Service Level agreements."

Digital Realty Trust owns 62 properties comprising approximately 11.8 million rentable square feet in 25 markets in North America and Europe, including 1.9 million square feet of space held for redevelopment.