Large anchor tenant, strong customer demand drive expansion
BOULDER, Colo. – October 7, 2016 – Zayo Group Holdings, Inc. (NYSE: ZAYO) will open its fourth data center in Chicago, adding over 23,000 total square feet and two megawatts (MW) of critical power at 840 South Canal Street. The expansion is driven by strong customer demand in Chicago, including a new agreement with a global software analytics company as an anchor tenant in the space.
The new site, which is already on Zayo’s fiber optic network, has low-latency connections to Zayo’s downtown data center at 600 South Federal Street and Chicago’s telecommunications hubs, including 350 East Cermak Road. Inclusive of the expansion, Zayo’s Chicago data center assets grow to an aggregate of 268,000 total square feet and approximately 31 MW of power capacity within the Chicago market, including the existing Federal Street location as well as suburban facilities in Oak Brook and Mount Prospect. The data centers provide access to Zayo’s diverse, high-count fiber network in Chicago.
Zayo has experienced strong data center demand in Chicago, which is a hub for financial and enterprise infrastructure because of its central location. Demand drivers also include the growth of cloud computing and as-a-service companies for both primary and backup facilities.
“Chicago is a nexus for high-bandwidth traffic peering and connectivity, including our long haul dark fiber, which is driving demand in the region,” said TJ Karklins, senior vice president, zColo at Zayo. “Our customers benefit from extensive interconnections within our data centers, access to our global network and an integrated portfolio of communications infrastructure services.”
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 112,600-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud services in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.
Forward Looking Statements
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 25, 2016. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.