Savills Studley Secures 1MW of Data Center Space for ANEXIO

02 May 2017

Savills Studley, the leading commercial real estate firm specializing in tenant representation, announced that the company’s Critical Facilities Group secured 1MW of data center capacity for ANEXIO, a Raleigh, North Carolina-based company that provides large-scale Infrastructure-as-a-Service solutions from desktops to data centers.

Savills Studley worked with ANEXIO to acquire and restructure an existing agreement for data center capacity from RagingWire Data Centers in the company’s VA1 facility in Ashburn, Virginia, and CA1 facility in Sacramento, California. An existing tenant within the RagingWire facility who provided retail colocation and managed services no longer required the capacity, and was looking for a way to reduce their remaining obligation and exit the business. Remaining contract term and existing retail colocation clients made the agreement complex. Rick Drescher and Ian Zilla of Savills Studley worked with ANEXIO’s executive management team to address all aspects of the transaction, including ensuring the transition from the existing provider to ANEXIO went as smoothly as possible. While the technical and operational aspects of the arrangement were complex, so was finding the right financial structure that would be accepted by all three parties – ANEXIO, RagingWire and the existing tenant.

“As ANEXIO continues to expand its customer base and service offerings, their existing data center inventory in Northern Virginia is quickly being consumed by customers,” said Drescher. “This opportunity allowed ANEXIO to gain additional capacity in this key market, with the added benefit of in-place customers and the addition of a location on the West Coast. RagingWire’s data centers feature some of the most resilient power, cooling and network services available and provided the ideal foundation for ANEXIO’s expansion.”

“ANEXIO’s need for additional capacity was the main driver behind our search for space, but the financial structure of the deal was also critical,” said Tony Pompliano, President and CEO of ANEXIO. “Rick and team helped make our decision easier by providing detailed financial planning and strategic analysis on each location. They helped us determine which option would be the most beneficial and then made the deal happen. We look forward to working with the Savills Studley team again in the future.”

These two facilities mark ANEXIO’s fifth and sixth data centers in the United States. In addition to the new Sacramento and Virginia locations, ANEXIO’s other locations include DuPont Fabros Technology’s ACC4 and ACC5 facilities in Ashburn, Virginia, and VA3 facility in Reston, Virginia; and QTS Data Centers’ NJ1 facility in Piscataway, New Jersey.

About Savills Studley
Savills Studley is the leading commercial real estate services firm specializing in tenant representation. Founded in 1954, the firm pioneered the conflict-free business model of representing only tenants in their commercial real estate transactions. Today, supported by high quality market research and in-depth analysis, Savills Studley provides strategic real estate solutions to organizations across all industries. The firm’s comprehensive commercial real estate platform includes brokerage, project management, capital markets, consulting and corporate services. With 30 offices in the U.S. and Canada, and a heritage of innovation, Savills Studley is well known for tenacious client advocacy and exceptional service.

The firm is part of London-headquartered Savills plc, the premier global real estate service provider with over 30,000 professionals and over 700 locations around the world. Savills plc is listed on the London Stock Exchange (SVS.L).

For more information, please visit www.savills-studley.com and follow us on LinkedIn and Twitter @SavillsStudley

 
 

Key Contacts

Molly Ferrer

Molly Ferrer

Public Relations Manager

Savills Studley - New York

+1 212 326-1024