Switch and Data to Add Capacity

Switch and Data said Tuesday it is adding capacity in the New York metro area.

Switch and Data has signed a lease for 25 years, including extensions, for a site in North Bergen, N.J., which was designed and built as a data center. This site will add more than 163,000 gross square feet to Switch and Data’s New York Metro colocation and interconnection capacity, bringing total gross square feet to 253,000 in this market.

Switch and Data’s said it estimates the project to cost $105 to $115 million.

The company said it expects it to be open for customers in the third quarter 2008, following the build-out to meet Switch and Data’s standards. The site will be built out in phases, in pace with customer demand. This site is expected to yield 3,000 cabinets and generate in excess of $95 million in annual revenue, the company said.

Switch and Data www.switchanddata.com

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