March 1, 2010

Sentinel Data Centers Commences Fit-out of Large Northern New Jersey Wholesale Data Center

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330,000 square foot multi-tenant facility to be optimized for the large footprint enterprise  

New York, NY – March 1, 2010 — Sentinel Data Centers, LLC, in partnership with Russo Development, LLC, announced today that it has begun construction to build out a recently acquired property in Somerset County, New Jersey as a large multi-tenant data center.  The facility resides on 22.5 acres and consists of a 230,000 square foot single-story structure, expandable to 330,000 square feet.

Sentinel has commenced construction of a dedicated on-site 69kV power substation for delivery in mid-summer. The substation will be served redundantly via diverse paths from two transmission-grade utility switching stations and will provide in excess of 40 megawatts of power to the facility.  The facility will ultimately yield 160,000 square feet of net computer room space supported by a highly resilient and efficient critical plant and demiseable into autonomous computer room pods ranging from 2,000 to 50,000+ square feet.

“We have incorporated best practices from our eight-year delivery history and recent advancements in data center design into a state-of-the-art facility that we are extremely excited about,” commented Josh Rabina, Co-President of Sentinel Data Centers.  “We have worked hard to optimize a product for the large-footprint user that is as robust and energy efficient as current technology enables and also provides ultimate flexibility for users to add capacity on demand without incurring up-front over-sizing costs due to forecast uncertainty.”

Russo Development, the largest developer of powered shell data center space in New Jersey, is a substantial ownership partner in Sentinel’s New Jersey project.  “We are thrilled to have Russo as a partner in our New Jersey facility,” commented Todd Aaron, Co-President of Sentinel Data Centers. “Russo is a like-minded organization with a tremendous track record of delivering quality product in New Jersey and we believe its site and shell development skill sets are a perfect complement to our turn-key fit-out and operational capabilities.”

Sentinel Data Centers, LLC is a New York based firm founded in 2001 to enable corporate users to access both world-class data center real estate and world-class critical infrastructure management services via a simple and transparent business model.  Sentinel has delivered primary production and failover data centers amounting to over 600,000 gross square feet for a diversity of enterprises, including multiple Fortune 500 corporations across industries including financial services, healthcare, technology, and biotechnology, among others.  Sentinel is fully funded with internal capital with no reliance on external debt or equity markets for product delivery.

Russo Development, LLC is the leading developer and owner of Mission Critical Data Center facilities in the New York metropolitan area.  In the region, Russo has developed and continues to own approximately 1.7 million square feet of data center space in seven (7) single-tenant facilities with a utility capacity in excess of 130 megawatts. These leased facilities, ranging from 150,000 to 400,000 square feet include infrastructure critical to the financial services sector.  Russo has extensive experience in the design and construction of these mission critical properties and holds a long track record of success demonstrated by its 25% share of the New Jersey data center market.

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