StratCap | July 12, 2022
StratCap is proud to announce that its wireless infrastructure and data center divisions (StratCap Wireless and StratCap Data Centers respectively) have completed the acquisition of approximately $151 million of essential digital infrastructure assets since the beginning of 2022.
The acquisitions include eighteen cell towers that were purchased for approximately $30.3 million and are located in California, Oklahoma, Kansas, Georgia, Florida, Tennessee, and Connecticut. In addition, the company closed on four data centers that were acquired for an aggregate purchase price of approximately $120.9 million.
The cell towers and other related assets are geographically diverse and tenants are highlighted by the major wireless carriers which include Verizon, AT&T and T-Mobile among others. While each tower includes at least one top-tier broadband tenant, there is still capacity throughout most of the towers to accommodate additional tenants, thus creating attractive lease-up opportunities. Todd Rowley, CEO of StratCap Wireless stated, “We are excited to continue expanding our portfolio of digital infrastructure assets that serve as critical pieces for our broadband carrier partners and other tenants.”
The data center assets are located in the Jacksonville, Cleveland, Denver, and Atlanta metropolitan areas. Three of the properties are fully leased with in-place cash flows while one of the assets is partially leased and was specifically acquired for its value-add enhancement opportunity. Management has stated that the assets are in “NFL cities” with growing demand for data center space and serve as mission critical infrastructure for the existing tenants which include a major financial services firm, a global bank, a national retail colocation provider and a major wireless carrier. “These latest acquisitions provide us with what we believe are long-term, predictable rental revenues from high quality tenants while at the same time creating attractive value-add opportunities for our overall portfolio.”
Bryan Marsh, CEO of StratCap Data Centers
Pat Miller, Managing Partner of StratCap, added, “We think digital infrastructure is one of the most compelling and resilient real estate sectors in the market right now. We continue to expand our footprint in the space, and we believe the sector has a long growth runway ahead.”
StratCap is a privately held, global alternative investment management platform committed to providing access to dynamic asset classes and highly experienced investment professionals in order to provide clients with attractive risk-adjusted returns. The company is focused on a wide range of digital economy investments with an emphasis on digital infrastructure, sustainability, and technology-centric sectors.
IT SYSTEMS MANAGEMENT
Scale Computing | May 25, 2022
Scale Computing, a market leader in edge computing, virtualization and hyperconverged solutions, today announced Scale Computing Fleet Manager for edge computing and MSPs, which makes managing and monitoring the health of distributed IT infrastructure easier than ever. Now available as part of the new Scale Computing Platform, SC//Fleet Manager consolidates real-time conditions for a fleet of clusters, including storage and compute resources, allowing IT leaders to quickly identify areas of concern using a single pane of glass, scaling from 1 to over 50,000 clusters.
“Delhaize needed to rapidly deploy resilient in-store infrastructure to support existing workloads as well as new data and processing-intensive initiatives such as cashier-less checkout and customer safety and security measures. SC//Platform and SC//Fleet Manager allowed us to efficiently manage the clusters in hundreds of stores to ensure our edge computing applications remain highly available, saving us time and money,” said Rolf Vanden Eynde, Manager, Network, Strategic Infrastructure, Ahold-Delhaize.
Instead of managing individual deployments, SC//Fleet Manager gives users the ability to see and manage their entire fleet at once from an intuitive cloud-based console at fleet.scalecomputing.com. Connectivity and cluster health can be checked with a quick glance. Any problems across the fleet are highlighted automatically, and if there is an issue, IT administrators can easily drill down into a specific cluster to further diagnose and fix the problem. For IT Managers with multiple clusters, Scale Computing's already industry-leading low maintenance time will be further reduced by 50% or more.
“The emergence of cloud computing significantly accelerated the digitization of business. It gave us better availability and scalability without the burden of managing infrastructure. However, not all applications can or should run from the cloud. Latency and bandwidth limitations force us to run them where they are physically used for better, more reliable performance. These challenges reveal the need for a new class of computing. The promise of edge computing is to bring applications closer to the people and things interacting with them without sacrificing cloud-like ease of use, scalability, and high availability,” said Jeff Ready, CEO and Co-founder of Scale Computing. “We have been delivering on the edge computing promise, allowing customers to successfully deploy applications wherever they are needed. The new fleet management technology we are introducing as part of SC//Platform removes barriers for easy management and application high availability, for over 50,000 clusters,” Ready explained.
Also announced today as part of the SC//Platform software update are improvements in SC//HyperCore software, the foundation of SC//Platform. SC//HyperCore bundles a variety of adapted open source and proprietary, intelligent software to create a simplified operating system for Scale Computing clusters. Custom-built utilizing the KVM architecture to integrate with the Scale Computing Reliable Independent Block Engine (SCRIBE) storage layer directly, SC//HyperCore makes virtualization and software automation look easy—and it is. The Scale Computing patented HyperCore™ technology identifies, reduces, and corrects problems in real time.
“Our customers tell us they cannot be successful with edge computing without the best fleet management. We are proud to be the first to solve this problem for customers deploying applications at the edge. If you are deploying applications outside of centralized data centers, at the edge of your network closest to where that data is created and utilized, we can help you manage hundreds or thousands of distributed edge infrastructure deployments with few or no on-site IT personnel.”
Scott Loughmiller, Chief Product Officer and Co-founder of Scale Computing
Now included in SC//HyperCore are REST-APIs that enhance the speed and ease with which users can deploy virtual machines (VMs) and containers at scale using cloud-init. Cloud-init, a powerful open-source technology that allows customers to take common VM templates and provide them with their unique configuration information at first boot via scripting, allows for easy, mass provisioning of customized VMs. IT administrators no longer need to manually create and individually customize VMs, but can programmatically provide hundreds or thousands of machines with their own settings via script. This combined with SC//Fleet Manager provides organizations with the ability to orchestrate and automate the deployment of applications across their distributed edge computing fleet to ensure consistency in change control and across sites.
About Scale Computing
Scale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Using patented HyperCore™ technology, Scale Computing Platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime, even when local IT resources and staff are scarce. Edge Computing is the fastest growing area of IT infrastructure, and industry analysts have named Scale Computing an outperformer and leader in the space, including being named the #1 edge computing vendor by CRN. Scale Computing’s products are sold by thousands of value-added resellers, integrators, and service providers worldwide. When ease-of-use, high availability, and TCO matter, Scale Computing Platform is the ideal infrastructure platform. Read what our customers have to say on Gartner Peer Insights, Spiceworks, TechValidate and TrustRadius.
IT SYSTEMS MANAGEMENT
C3 Complete | June 21, 2022
C3 Complete, an award-winning technology service provider, and iM Critical, a data center and IT services company shaping the future of IT infrastructure, are pleased to announce the formation of a strategic partnership. Customers of iM Critical’s data centers will immediately gain access to C3’s extensive suite of technology services, and customers of C3 will benefit from the ultra-modern capabilities of iM Critical’s facilities. The combined services of these two companies will enable agile, turnkey solutions and provide next-generation IT results. Available initially in Miami and Pittsburgh, this partnership will expand to additional high-value markets in 2023.
C3’s hybrid cloud services, available in all iM Critical facilities, includes Infrastructure, Desktop, Backup, Storage, and Disaster Recovery as a Service. Each iM Critical facility will also feature C3 Complete’s low-latency, high-speed, cloud on-ramp, data center interconnects, and premium multi-carrier Internet access solutions. For those organizations seeking a turn-key IT experience, iM Critical clients can select from a full suite of Managed Services, Network Engineering, Voice and Collaboration, and Information Security solutions provided by C3 experts.
iM Critical recently acquired a premier hyper-connected data center in Miami, FL, with over 100,000 square feet of configurable colocation space and disaster recovery office suites and is repositioning the facility with a number of upgrades, all backed by sustainable advantages like on-site renewable power and unconstrained space and power. Strategically located outside of the 100-year floodplain and hurricane evacuation zones, iM’s Miami facility features a gated campus, 24x7 security, multiple independent utility power feeds and a Category 5 hurricane rating. Another iM Critical facility, an HPC-capable campus located in Pittsburgh, PA, offering the same extensive range of advantages, is slated to open in Q3 of 2022.
As part of the Miami facility upgrades, C3 and iM Critical are deploying a highly secure, purpose built, Network Operations Center (NOC) / Security Operations Center (SOC). The state-of-the-art NOC/SOC will be staffed 24x7 and will offer deep monitoring, early detection and mitigation, and incident management and response services.
“The iM Critical team brings an incredible amount of experience and strategic vision to the evolving data center market, and we could not be more excited about our partnership with them, We believe that the union of their modern facilities and our services capabilities will make C3 and iM Critical the go-to choice for customers and partners looking to achieve digital transformations with ease, efficiency and security.”
Rick Mancinelli, CEO of C3 Complete
“We are so pleased with our Miami acquisition, and with the improvements we are making, and are looking forward to providing a new level of security, reliability and interconnection to the Miami colocation market. We continually strive to look beyond those table stakes to understand where the market is going and how we can meet those needs for customers,” commented Michael Roark, CEO of iM Critical. “Partnering with C3 further enables our ability to become the premier single-source provider of end-to-end IT infrastructure solutions in the markets we serve, keeping iM, C3 and our customers ahead of a challenging, changing technology landscape.”
About C3 Complete
C3 is an award-winning technology consultancy headquartered in Delray Beach, Florida. Since 2009, we’ve delivered in-house, relationship-focused, outcome-driven solutions to hundreds of happy clients nationwide. C3 currently owns and operates a geo-diverse VMware Cloud Verified infrastructure that provides high-performance, secure, and compliant Infrastructure, Virtual Desktops, Backup, and Disaster recovery solutions. C3 also operates a state-of-the-art Cisco BroadWorks powered Hosted PBX, UCaaS and CCaaS platform as well as a nationwide SD-WAN network based on VMware’s industry-leading technologies. C3 maintains an extensive list of wholesale carrier relationships for connectivity and has a broad portfolio of technology-related authorizations and certifications. C3’s expert team of certified network engineers design and implement complex solutions and its bilingual service center is available for support 24×7.
About iM Critical
iM Critical is shaping the future of data centers, providing colocation with deep insight into IT managed service offerings and a specialization in High-Performance Computing (HPC). iM’s service platforms include Colocation, HPC, Cloud, Storage aaS, Network, 24/7 IT NOC Services with premier DR aaS, Cloud Connect, Data Security and IT Transformation aaS solutions. iM Critical provides access to strategic carrier-neutral networks and cloud onramps, risk mitigation, continuous uptime, and data security to deliver quality and sustainable innovation, saving customers time, money and resources.
IT SYSTEMS MANAGEMENT
CoreSite | June 07, 2022
CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation , today announced its expansion into the Atlanta and Orlando markets with the integration of three American Tower assets into CoreSite’s data center ecosystem: Atlanta AT1 (55 Marietta Street NW, Atlanta, GA, 30303), Atlanta AT2 (1130 Powers Ferry Place, Marietta, GA, 30067) and Orlando OR1 (9701 S. John Young Parkway, Orlando, FL, 32819). All three data centers, which have a combined total of more than 250,000 square feet, now also offer access to the Open Cloud Exchange® (OCX), CoreSite’s leading software-defined networking platform which provides fully managed, direct and secure connections into all of the major cloud service providers.
The Atlanta and Orlando data centers, former DataSite and Colo-ATL assets acquired by American Tower, provide businesses of all sizes the secure, reliable interconnection solutions to meet their critical infrastructure requirements. The OCX provides superior connectivity and a highly interconnected partner network needed to reach new markets, rapidly scale on-demand, reduce total cost of operation and accelerate IT modernization.
“With a long-standing track record of operational excellence in these markets, these facilities have been serving Atlanta- and Orlando-area businesses for years and now operate as an integral part of the broader data center ecosystem within CoreSite. “The Atlanta and Orlando teams are equipped with the technical, security, remote hands and customer service expertise organizations rely on to future-proof their digital businesses. Offering low-latency, redundant and secure colocation services as well as the OCX, businesses of all sizes can seamlessly and dynamically scale their IT infrastructure to meet their ever-changing needs.”
Juan Font, President of CoreSite and SVP, U.S. Tower Division of American Tower
As one of the fastest-growing data center markets, Atlanta has the third-largest concentration of Fortune 500 companies in the United States. CoreSite’s Atlanta data center campus includes AT1, which is located in the second most interconnected building in the heart of downtown Atlanta, and AT2 in Marietta. Together these assets are strategically positioned to serve this rapidly growing technology hub.
Orlando, a city whose goal is to be a “Future-Ready City,” offers enterprises, IT services providers and cloud service providers (CSPs) a densely populated market that is positioned to be a digital transformation leader. CoreSite’s Orlando campus is a 16-acre safe haven with regional and global reach that enables access via internet exchange to South America.
The integration of these assets into the CoreSite data center portfolio expands upon CoreSite’s offering to now include 27 data centers in 10 markets, 450+ networks, 23 native cloud onramps and 35,000+ interconnections.
“This Atlanta and Orlando market expansion delivers on the value proposition originally envisioned with the CoreSite acquisition,” said Steve Vondran, Executive Vice President and President, U.S. Tower Division of American Tower. “With the incorporation of these three assets, CoreSite and American Tower continue to develop the infrastructure required to offer seamless, end-to-end connectivity between mobile data networks at the tower and digital platforms at the data center campus. The complementary global communications real estate portfolio and financial wherewithal that American Tower brings will continue to accelerate our growth and leadership in the emerging 5G digital ecosystem.”
CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Our highly interconnected data center campuses offer a native digital supply chain featuring direct cloud onramps to enable our customers to build customized hybrid IT infrastructure and accelerate digital transformation. For more than 20 years, CoreSite’s team of technical experts have partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge.