"We've known each other for 15 years and have worked together in the past," Scott Taylor, president of Carter, says of his partnership with Marin's firm. "We talked about pursuing opportunities jointly and thought there would be fortuitous chances for us to partner while allowing T5 to maintain their own brand and autonomy and leverage the platform we have at Carter. This allows us to align with a very experienced group of technically sound professionals within a segment in the market we had not been effective in as we'd like."
The alliance will offer end-to-end solutions for specialized high-tech real estate needs. As of now, the partnership does not have any plans as to how many projects it will look to undertake, but hopes to stay ahead of the sector of mission-critical facilities, Marin tells GlobeSt.com. "What we're seeing is demand is continuing to out-top supply and that imbalance is expected to be in place for the next three to five years."
Fortune 500 and Fortune 1000 companies have the biggest need for data centers, he explains, and usually have three data centers; a primary, a backup and disaster recovery facility. "We want to position ourselves to capture two of those," he says.
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