Search
 

Q9 Picks Up 160,000-SF Exodus Data Center

TORONTO-A subsidiary of fallen Web-hosting giant Exodus Communications Inc. unloads its massive Brampton, Ontario hosting facility to Toronto-based Q9 Networks Inc.

By Glen Thompson | Updated on February 13, 2002

TORONTO-Canadian Internet infrastructure services provider Q9 Networks Inc. has entered into an agreement to acquire a data center in suburban Brampton from a wholly owned subsidiary of bankrupt Exodus Communications Inc. The Exodus Canada hosting facility, one of the largest data centers in Canada, will serve as expansion space for Q9′s current operation in downtown Toronto.

Located 15 miles from Q9′s 20,000-sf downtown Toronto facility, the 160,000-sf Exodus property features 100% uptime, dual power feeds and advanced fire protection systems. Officials from Exodus and Q9 declined to reveal the sale price, but Q9 Networks CEO Osama Arafat tells GlobeSt.com his company got a “good deal” on the property following a two-month negotiation period. According to Arafat, the sale should be completed within days. “We expect to close the transaction next week some time and we hope to have possession no later than the end of February.”

The company also has plans to open a similar 22,000-sf facility in Calgary this summer. Other upcoming projects include data centers in Ottowa, Montreal and Vancouver, but backing up the Toronto operation has been a longstanding company goal.

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

© 2024 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 © 2024 ALM Global, LLC. All Rights Reserved.