Stream Data Centers breaks ground on a Private Data Center in the Dallas Market at a site in Richardson, Texas.

Article Source: Dallas Morning News

Author: Steve Brown

“Stream Data Centers — which just sold its new Richardson data center building — has broken ground for an even larger project in the Telecom Corridor.

The Dallas-based commercial real estate firm will build the 72,000-square-foot data center near State Highway 190 in Richardson.

“We had some strong success with our first project in Richardson last year,” said Robert Kennedy, co-managing director of Stream Data Centers. “We leased that first building in about three months after completing it.

“This facility will be three times the size of that,” Kennedy said Tuesday. “We really like the D-FW market in general because it’s home for about 25 Fortune 500 companies and regional headquarters for many other companies.”

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Stream Private Data Center Dallas Market - Richardson II

For 12 years, Stream Data Centers has responded to data center demand with the needs of corporate America in mind.

Article Source: Data Center Knowledge

Author: Rich Miller

“In its 12 years in the data center business, Stream Data Centers has leased or sold data centers to blue chip companies like Apple, Home Depot, AT&T, Sprint and Nokia. It has followed the opportunities the market has presented, and recent shifts in demand have led the company to focus on the wholesale data center market.

Stream Data Centersis part of Dallas-based Stream Realty, and has targeted the Dallas market for several of its developments of wholesale space – which it calls “private data centers.” The company broke ground on its first project in Richardson, Texas in March 2010. The 20,000 square foot facility, which included 10,000 square feet of data center space, was fully leased shortly after it was completed, and was sold in June to Carter Validus Mission Critical REIT.

Stream recently broke ground on its Richardson II private data center project, a 72,500 square foot facility that will house three 10,000 square foot pods, each with 1.125 megawatts of critical power capacity

“We’ve always been about delivering data center space to top quality companies,” said Paul Moser, co-Managing Director of Stream Data Centers. “In our first 5 to 6 years, we bought property and leased it to companies.

But soon the market changed, and Stream adapted its strategy. “In about 2006, when we saw no properties available to buy, we developed our first ready to fit data center,” Moser said. In the new model, Stream provided a “powered shell” in which customers could build out their data center environment.”

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