Search
 

Network of Telecom Hotels Expands

PHOENIX-Sterling Exchange sets two new local projects.

By D.J. Burrough | Updated on August 15, 2000

PHOENIX-Sterling Exchange Network, an affiliate of Chicago-based Sterling Capital, is expanding its network of telecom hotels in the Valley with the purchase of an industrial building near the airport and a parcel of land Downtown.

Sterling purchased for $7 million a 324,000-sf industrial building at 1402 E. Buckeye Rd., just west of the city’s main airport, Sky Harbor International Airport. Sterling has begun renovation and expansion of the facility, which will have 434,000 sf when completed.

The building will be part of the Sterling Exchange Network, which has a series of technology exchanges throughout the country. The network provides core bandwidth to a variety of telecom carriers, local exchange carriers, web hosts, Internet service providers and application service providers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.