Serverfarm LAX1: Serverfarm acquires El Segundo facility from T5

Apr 20, 2021 | Posted by Bob Tester

Serverfarm, supported by its partner NantWorks, has entered the Los Angeles data center market with the acquisition of a 12-megawatt, 117,500-square-foot data center in El Segundo, CA. 

T5 Data Centers was the selling party. T5 originally bought and developed the facility in 2011 for $30 million. 

Serverfarm Press Release on April 20, 2021:
LOS ANGELES – April 20, 2021 – Serverfarm, the innovative data center developer and operator, acquires a strategic data center located in El Segundo, a major metro city in Los Angeles, with its long-term partner, NantWorks. This acquisition furthers both companies’ mission of combining state-of-the-art data centers with advanced communications and computing technologies to benefit healthcare, science, media and entertainment.

The 117,500-square-foot, 22 MVA building is host to hyperscale, transportation, healthcare and government tenants. It is strategically located in a key market in close proximity to movie production studios, major aerospace and defense contractors, research and development companies and corporate campuses. In addition, the data center is well connected to Tier 1 and dark fiber providers, offering secure global network on-ramps. The facility meets all HIPAA, HITECH and PCI compliance requirements. The LAX1 facility will fulfill key data center requirements to a well-established and fast-growing market.

This acquisition strategy aligns with Serverfarm’s sustainability mission. Serverfarm acquires and modernizes facilities, applying its Data Center Management as a Service (DMaaS) solution, which is powered by InCommand, to manage enterprise workloads in an automated, highly efficient manner. An independent consultant determined that this strategy results in up to an 88% reduction in embodied carbon emission when compared with a standard new construction. Since its latest growth in Europe and additional expansion in Toronto, this acquisition expands Serverfarm’s portfolio of owned and managed assets to over 100 locations across more than 40 countries.

Avner Papouchado CEO President
“Throughout the pandemic, we’ve been laser focused on delivering much-needed capacity to our clients and partners in the most efficient way possible,” said Avner Papouchado, CEO of Serverfarm. “The latest phase of our data center acquisition strategy is helping to answer demand for efficiently managed colocation space in a Los Angeles site that’s a launching pad to APAC and the rest of the world. We’re proud to offer our world-class InCommand DMaaS solution in a community that’s home for myself and many of our team members.”

On Earth Day, Serverfarm will launch the trailer of its podcast, The Future of Data Centers. The first of four quarterly mini-series will kick off in May with host Joel Makower, Founder of GreenBiz, and tackle data center sustainability. For podcast updates, click here.

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