SBA Investigating Mobile Edge Computing Space
Originally posted to AGL Media
By J. Sharpe Smith, Senior Editor, AGL Media Group
As it considers entering the data center industry, SBA Communications last month purchased New Continuum Data Centers, which has a flagship data center is located in west Chicago and a fiber loop.
“It’s a great facility. It was built for an agency of the United States Government. Built like a vault. It was poorly run from a sales perspective, so we were able to buy it for a fraction of the replacement cost,” Jeffrey Stoops, SBA president and CEO, told the Goldman Sachs 28th Annual Communacopia Conference this week in New York City. “We are going to use it as an R&D facility, so that we can understand how it all works. The data center has a mix of wholesale and retail, fiber and interconnect, which we are going to experiment with and learn from.”
New Continuum began leasing the property in west Chicago in the fall of 2013 when it commenced a redevelopment project for the building. Leveraging the rich infrastructure of the existing facility, the company began operating a multi-tenant data center on the premises in 2015 when the initial construction was completed, and then added cooling capacity in the summer of 2018. In January of this year New Continuum purchased the real estate.
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