Intergate.Manhattan Gets to Level 3

A ninth major telecom carrier is a great holiday gift for Sabey Data Center's Dan Meltzer. (It's way better than the argyle socks we've gotten for the last 11 years.) The firm inked a huge deal with Level 3 at its Intergate.Manhattan facility, a 1.1M SF data center at 375 Pearl St in NYC. Level 3 will take up space with such players at United Fiber & Data, XO Communications, and Verizon. This is on top of being the data hub to some data crunchers as well, including the New York Genome Center, Windstream and most recently Amsterdam Internet Exchange.

So we asked Dan what three predictions he has for 2014. And overall it's gonna be a good year. "I think it's actually going to be a great year," he says, with increased leasing activity in data centers. Plus he says he expects many of the mid-sized data center players to start M&A activity to increase size and footprints. And Dan's final prediction? It can only come from a true New Yorker: "I think the Yankees are going to win the World Series."

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Data Center Energy Bill Stalls In Congress As Opponents Say It Lacked 'Real Teeth'

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

FBI Opens Investigation Into Multifamily Investor Lurin Capital

DWS Plans Liquidation Of Nontraded REIT After Heightened Redemption Activity

Bisnow's 2026 DEI Data Series

America's Data Centers Are Running Out Of People Who Know How To Run Them

Why Data Centers Crave Simplicity As Operations Grow More Complex

Blackstone Looks To Secondary Market To Cash Out Investors In $11B Fund

CalSTRS Plans $5B In New CRE Investments

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?

Toys R Us Plans 120 New Stores Ahead Of The Holidays