MANASSAS, VA-Corporate Office Properties Trust has executed a lease with a Fortune 100 Global consumer electronics and technology company for 2 mega watts at its wholesale data center, COPT DC-6.
The center has 9 operational MWs out of a total potential capacity of 18 MWs. With this new lease, 6.3 MWs of the data center's 9 operating MWs are committed, which increases the percentage leased from 48% at June 30, 2013 to 70%.
COPT DC-6 was the REIT's Power Loft @ Innovation but the company has rebranded it. It is a purpose-built data center that bills itself as highly secure. "The caliber of the tenant and the size of this lease commitment illustrate the effectiveness of our re-branding and marketing efforts surrounding COPT DC-6," Roger A. Waesche, Jr., president and CEO of COPT says in a prepared statement. "We are pleased to see meaningful progress toward stabilizing this asset."
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