Anchor Tenant Will Occupy Private Data Center Suite III
MINNEAPOLIS, June 16, 2016 — Stream Data Centers (SDC), a national data center services provider, has signed a long-term lease with a new anchor tenant at its 75,675 square foot Private Data Center facility located in Chaska, Minnesota. The Private Data Center Suite includes a 10,000 square foot data hall as well as 4,000 square feet of dedicated office space.
“Data Hall III will deliver 1 MW of critical load providing additional control and flexibility to our long-term customer,” said Paul Moser , co-managing partner of Stream Data Centers. “This new lease demonstrates our team’s continued commitment to build and operate highly redundant, mission critical facilities for our customers.”
Private Data Center Suite I of SDC’s Minneapolis-area data center is fully leased. The company completed commissioning of Data Hall II in April 2016. Construction has commenced on Private Data Center Suite III with an expected completion in September.
Located in the Minneapolis/St. Paul metro area, the single-story, structurally enhanced data center facility has redundant utility power from two different substations and is designed to support 7.2 MW of IT load across three data halls. SDC’s customers in Chaska receive a 100 percent sales tax rebate on all technology purchases located in the building. For more information about the Chaska facility, visit www.streamdatacenters.com/datacenters/minneapolis.
About Stream Data Centers
Stream Data Centers has provided premium data center services since 1999, with 90% of its inventory leased to Fortune 100 customers. To date, the company has acquired, developed and managed more than two dozen data centers nationally, while leadership has remained consistent for all 24 years.
From site selection to data center construction and operations, Stream develops wholesale colocation capacity and build-to-suit solutions for hyperscale and enterprise users. Additionally, Stream sources and develops low-risk land sites for optimum data center development and provides energy procurement services with a focus on reducing market risk and providing low-cost renewable energy options. All of Stream’s facilities feature carrier-neutral, low latency connectivity to network and public cloud providers.
Stream Data Centers is the technical real estate affiliate of Stream Realty Partners, a full service commercial real estate investment, development and services company. With $5.8 billion in annual transactions and over 294 million+ square feet of leased or managed commercial space in active markets coast to coast, Stream Realty Partners is one of the most successful commercial real estate firms in the country.