DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced its leading presence in the San Antonio metro-area with a new, completely pre-leased state-of-the-art data center. Designed and constructed in only seven months, the 184,000 square foot, 24 megawatt data center provides Fortune 1000 customers expanded space and connectivity in the San Antonio market and increases CyrusOne’s total footprint in San Antonio to an industry leading 407,000 colocation square feet and 48 megawatts across three data centers in the region. With a fourth data center, currently under construction, CyrusOne is well positioned to expand its role as the preeminent data center provider in San Antonio and the state of Texas.
Driven by the increased demand for cloud services and boasting one of the fastest growing population centers in the United States, San Antonio continues to produce strong demand for new data center facilities. The growing demand for leading cloud providers to deploy in interconnected data centers has spurred CyrusOne’s growth in all the major metro-areas of Texas, including Houston, San Antonio, Austin, and Dallas, home of CyrusOne’s new global headquarters.
“Customer demand in the greater San Antonio metro-area remains strong. The construction of our third San Antonio data center in record time demonstrates CyrusOne’s preeminent speed to market position in the industry. While one of our Texas customers likes to tell us that we build data centers as tough as a $2 steak, I like to tell folks that they are just as big as the state of Texas,” said Gary Wojtaszek Chief Executive Officer, CyrusOne. “We are excited to further expand in San Antonio as we continue construction on our fourth data center in the area and will start efforts to construct another facility later next year.”
San Antonio boasts some of the lowest power costs in the country. The new facility will be an integral part of the CyrusOne National Internet Exchange (National IX), which delivers interconnection between other CyrusOne location across the country and will have direct access to one of the largest fiber hubs in the United States.
CyrusOne operates more than 35 carrier-neutral data center facilities across the United States, Europe, and Asia to provide customers with the flexibility and scale to match their specific IT growth needs. CyrusOne facilities are engineered to include the power-density infrastructure required to deliver excellent availability, including an architecture with the highest available power redundancy (2N).
Renowned for exceptional service, building enduring customer relationships, and high customer satisfaction levels, CyrusOne serves more than 180 of the Fortune 1000 among its more than 945 customers.
This release contains forward-looking statements regarding future events and our future results that are subject to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our management. Words such as "expects," "anticipates," "predicts," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "endeavors," "strives," "may," variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned these forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause our actual results to differ materially and adversely from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this release and those discussed in other documents we file with the Securities and Exchange Commission (SEC). More information on potential risks and uncertainties is available in our recent filings with the SEC, including CyrusOne's Form 10-K report, Form 10-Q reports, and Form 8-K reports. Actual results may differ materially and adversely from those expressed in any forward-looking statements. We undertake no obligation to revise or update any forward-looking statements for any reason.
CyrusOne (NASDAQ:CONE) is a high-growth real estate investment trust (REIT) specializing in highly reliable enterprise-class, carrier-neutral data center properties. The company provides mission-critical data center facilities that protect and ensure the continued operation of IT infrastructure for more than 945 customers, including more than 180 of the Fortune 1000 or equivalent-sized companies.
CyrusOne's data center offerings provide the flexibility, reliability, and security that enterprise and cloud customers require, and are delivered through a tailored, customer-service-focused platform designed to foster long-term relationships. CyrusOne's National IX platform provides robust connectivity options to drive revenue, reduce expenses, and improve service quality for enterprises, content, and telecommunications companies. CyrusOne is committed to full transparency in communication, management, and service delivery throughout its more than 35 data centers worldwide. Additional information about CyrusOne can be found at www.CyrusOne.com.