T5 Data Centers, QuadReal to launch $2.5bn platform

T5 Data Centers, QuadReal to launch $2.5bn platform

Pete Marin, CEO of T5 Data Centers (2).jpg

T5 Data Centers and QuadReal Property Group have agreed to develop, acquire and operate over $2.5 billion of state-of-the-art facilities positioned to support the needs of enterprise and hyperscale users.

T5 Data Centers has been designing and developing customisable wholesale data centres for hyperscale, enterprise and colocation customers with mission-critical applications for more than 10 years and Pete Marin, CEO of T5 Data Centers (pictured), said: “This is the first step in our next decade of strategic growth, market leadership, and best-in-class customer service.”

He added: “Our alliance with QuadReal is a game-changer for current and future customers in the enterprise and hyperscale markets, allowing us to build the world’s most advanced and customised data centre facilities faster and at scale in strategic markets in North America and beyond,” said Pete Marin, CEO of T5 Data Centers.”

T5 has served leading companies in IT, finance, insurance, health care, and telecommunications in data centres located across the US and has built a strong reputation for data centre reliability. T5 also maintains its own construction design team (T5CS) and facilities management subsidiary (T5FM).

“The data centre market continues to experience very strong growth, driven by the accelerating digitalisation of information,” added Jameson Weber, head of special situations for QuadReal, which is a global real estate investment, operating and development company.

“This strategic investment puts us in a very unique position to participate in this growing market alongside a trusted company with a proven track record in data centre development, construction, and management. T5 Data Centers is the logical partner to help us build a long-term business in tech-related real estate while ensuring our users receive the highest levels of service and security for their mission-critical data.”

The new platform will continue to operate under the name of T5 Data Centers.

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