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Hawaii: Harrison Street and fifteenfortyseven acquire data center in Hawaii

Oct 17, 2024 | Posted by Abdul-Rahman Oladimeji

Investment firm Harrison Street and data center company fifteenfortyseven Critical Systems Realty (1547) this week announced the acquisition of AlohaNAP, a carrier hotel data center located on the island of O‘ahu in Hawaii.

"AlohaNAP is a crucial hub for international data transmission, connecting major global markets and serving as a key Edge node for trans-Pacific connectivity within Hawaii's rapidly expanding Edge computing market,” said Michael Borchetta, managing director in transactions at Harrison Street. “Acquiring AlohaNAP strengthens our connectivity-centric data center platform, adding valuable scale and diversity across our multi-site carrier hotel portfolio. Alongside our partners at 1547, we are excited to leverage AlohaNAP's unique submarine cable and satellite access and continue to add further capacity to meet the needs of the world’s largest hyperscale tenants.”

“We are excited to partner with Harrison Street on the expansion of AlohaNAP, a facility that embodies our joint commitment to connectivity,” said J. Todd Raymond, CEO and managing director at 1547. “Since 2012, we have been developing AlohaNAP as a gateway between the US and the APAC region and making it an invaluable asset in the global data ecosystem. As the demand for data transmission and Edge computing continues to surge, we remain focused on delivering solutions that strengthen trans-Pacific communication and empower our customers to thrive in a digital-first world. The partnership with Harrison Street and AlohaNAP’s expansion will further enhance our ability to meet the region’s growing need for low-latency, high-redundancy connectivity.”