(Save the date: RealShare Industrial 2012 comes to The Banker's Club, Miami, December 5 - 6.)

NORWALK, CT-Cervalis LLC has signed a long-term lease with landlord FPG Norden DC LLC, a subsidiary of Fortis Property Group LLC, for a new 167,691-square-foot data center and disaster recovery center to be built at 10 Norden Pl., making it the largest build-to-suit project in 12 years in Fairfield County.

Howard E. Greenberg, president of White Plains, NY-based Howard Properties, Ltd., in partnership with John Stoddard, VP of Jones Lang LaSalle’s Stamford office, represented Cervalis, LLC on the deal. Greenberg tells GlobeSt.com that creating a brand new data center and building it out of the ground is “a testament” of the market for this type of product. Construction is scheduled to begin next year, he adds.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.