H5 Data Centers Announces Acquisition of Intuit Inc. Data Center

H5 Data Centers, a national colocation and wholesale data center provider, today announced it has acquired from Intuit Inc. a 240,000 square-foot, purpose-built data center in Quincy, Washington. The acquisition expands H5 Data Centers’ national portfolio to 12 data centers and compliments its 300,000 square-foot data center in downtown Seattle. Quincy, Washington is one of the country’s largest wholesale data center markets because of its access to low-cost, renewable energy, Washington-state sales tax incentives, and reduced exposure to natural disaster risks.

Intuit Inc.’s former purpose-built data center is move-in ready and will feature a 24x7 team of facility engineers, remote hands personnel and security professionals. The on-site data center team boasts an average existing tenure of more than seven years per person. Available immediately, H5 Data Centers can offer high-density deployments in an environment that has a track record of 100% uptime since initial commissioning.

"H5 Data Centers is experiencing strong demand for wholesale data center services across the United States and the Quincy data center represents an incredible growth opportunity for us," said Josh Simms, founder and CEO of H5 Data Centers. "We welcome a world-class team of data center professionals to our company as we look to immediately expand the critical capacity of the data center to serve the mission-critical needs of leading global enterprises.”

Quincy Data Center Highlights:

63-acre data center campus with an existing 240,000 square-foot building
Over 40 mWs of turn-key colocation space at full build-out
Approx. $0.03/kWh average annual cost of power
Access to 100% renewable hydro power
100% Washington state sales and use tax abatement on data center equipment
High-density deployments of up to 500 Watts per square foot

Source: H5 Press Release