Stream Data Centers Focusing on Wholesale

Data Center Knowledge (Aug 9 2011) Cloud Computing

1. In its 12 years in the data center business, Stream Data Centers has leased or sold data centers to blue chip companies like Apple, Home Depot, AT&T, Sprint and Nokia. It has followed the opportunities the market has presented, and recent shifts in demand have led the company to focus on the wholesale data center market. Stream Data Centers is part of Dallas-based Stream Realty, and has targeted the Dallas market for several of its developments of wholesale space – which it calls “private data centers.” The company broke ground on its first project in Richardson, Texas in March 2010. The 20,000 square foot facility, which included 10,000 square feet of data center space, was fully leased shortly after it was completed, and was sold in June to Carter Validus Mission Critical REIT for $28.9 million. (Read Full Article)

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