Lincoln Purchases Boston Area Data Center
1888PressRelease - Marlborough data center considered prime fiber optic hub.
Dallas - Lincoln Rackhouse, data center division of Lincoln Property Company has purchased 34 St. Martin Street, a data center and office facility located in Marlborough Massachusetts.
"We capitalized on a unique opportunity to secure this property for its important location at the cross roads of the Boston region's deep colocation and connectivity network," said Martin Peck, Lincoln Rackhouse Managing Director. "Boston has become a traffic hub for all of New England's interconnected networks. Additionally, the Boston region is well served by many technology companies that rely on the area's robust local, national and international fiber networks."
34 St. Martin, which offers expansion opportunities, is currently 100% leased, of which over 70% is currently leased to data center tenants. Significant long-haul fiber routes originate from all directions through the building and it draws a wide array of colocation customers. Additionally, it is ideally located close to multiple data centers and telecommunication companies in the area.
Lincoln Property Company's Boston office will oversee management and leasing of the facility. Lincoln Rackhouse , has been active in data center real estate investments purchasing assets located in Texas, Colorado, North Carolina and New York.
About Lincoln Rackhouse
Lincoln Rackhouse is the data center division for Lincoln Property Company. Headquartered in Dallas, Texas, Lincoln Property Company is one of the largest and most respected diversified real estate services companies in the industry. The Company employs over 4,000 professionals in over 100 markets in the United States and Europe..
Contact: Warren Loftis
wloftis ( @ ) lpc dot com
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Submitted on: 2016-05-03 04:26:00