RadiusDC Expands Data Center Capacity with Acquisition at 55 Marietta in Atlanta

RadiusDC's Bold Move in Atlanta to Expand Data Center Capacity

In a strategic move that highlights its commitment to enhancing data center capabilities, RadiusDC has recently acquired a major facility at 55 Marietta Street NW, located in the heart of downtown Atlanta. This acquisition is not only significant due to its size but also plays a crucial role in addressing the increasing demand for data center services in supply-constrained markets.

The facility spans an impressive 403,000 square feet over 21 stories, making it a cornerstone of connectivity in the region. With 22 carriers on-site, it serves as a key aggregation point for bandwidth in the Southeastern United States. Given the rapid expansion of AI and high-performance computing applications, RadiusDC's decision to enhance this facility's infrastructure is well-timed.

As part of the acquisition, RadiusDC plans to add 8MW of additional utility capacity, which will elevate the total power capacity to 18MW. This expansion is essential for both current and prospective tenants who rely on robust and resilient data center solutions. “This expansion is a pivotal moment for RadiusDC and the Atlanta market,” said Mike Krza, CEO of RadiusDC. He emphasized that the initiative serves as a response to a constrained market, ensuring that customers have access to the connectivity and capacity needed to support their operations effectively.

The CEO further explained that the 55 Marietta facility's unmatched connectivity is designed to foster the next generation of technology applications, reinforcing RadiusDC's dedication to delivering innovative solutions that cater to the growing IT capacity demands.

Christopher Jensen, Managing Director of Blue Owl Capital, echoed this sentiment. He highlighted that the acquisition presents a unique opportunity for hyperscale and content customers to expand their operations continuously within a restrictive inventory market. RadiusDC was established to address such supply challenges, and this acquisition fits perfectly within that framework.

Furthermore, this acquisition marks RadiusDC's fourth strategic location, adding to its existing footprint in Nashville, Miami, and Denver. The company's expansion is further underscored by the growing importance of edge data centers as organizations increasingly require decentralized IT infrastructure to meet their needs.

The legal aspects of the acquisition were handled by Akin Gump Strauss Hauer & Feld, while Stream Realty Partners and Nelson Mullins Riley & Scarborough LLP provided advisory services to the seller, a European family office.

RadiusDC's mission is to meet the colocation demands of the future, operating facilities in vital population centers across North America. The company's portfolio caters to a diverse clientele, including network operators, carriers, and content providers, addressing the urgent requirement for expanded IT infrastructure near the network edge.

With this latest expansion, RadiusDC not only reinforces its leadership position in the data center market but also solidifies Atlanta's status as a vital hub for telecommunications and IT services. As the demand for connectivity and data processing continues to surge, RadiusDC's proactive measures position it favorably within this dynamic landscape.

For more information about RadiusDC and its expanding range of data center solutions, visit radius-dc.com.