The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...
Country: Germany / Deutschland
Region: Western Europe
|Current||Under Construction||Potential Expansion||Total at Full Buildout|
|Usable SqFt:||11,250 (est)||45,000||56,250 (est)|
In January 2019, Equinix acquired the building from Aspen REG 1 Management GmbH for $11 million (€9 million). Equinix will invest another $25 million (€22 million) to redevelop the space in phase one.
Equinix will refurbish the existing two-story industrial building, which is approximately 130,000 square feet (12,000 square meters), and transform the space into an interconnection and carrier-neutral colocation environment. The redevelopment will deliver 375 cabinets in phase one with the ability to expand to 1,875 cabinets at full build.