DataBank Acquires Second Pittsburgh Data Center in Strategic Sales-Leaseback Transaction with PNC Bank

DataBank Acquires Second Pittsburgh Data Center in Strategic Sales-Leaseback Transaction with PNC Bank

By | 2019-01-30T21:54:43+00:00 January 30th, 2019|Categories: colocation, Data Center, Telecom, telecom news|Tags: , , , , |

DataBank has broadened its assets in Pittsburgh with a second data center in the high-tech market. The Dallas-based data center, connectivity and managed services provider acquired its latest addition from PNC Bank, which will become the facility’s anchor tenant as part of a long-term lease.

PNC Bank is the sixth largest commercial bank by assets in the U.S. and will occupy the entire second floor of the secure, three-story, 115,000-square-foot data center in North Fayette Township.

Under DataBank’s leadership, the data center will offer:

  • FedRAMP Certification: DataBank will operate the facility to comply with this certification under the Federal Information Security Management Act (FISMA) compliance standard.
  • Updated Power & Cooling: DataBank will implement a significant expansion and augmentation to the facility’s power and cooling systems to accommodate additional tenants on the third floor and provide an incremental 25,000 of RSF and 2.75 MW of 2N power.
  • Ample Power: FirstEnergy’s West Penn Power provides dual utility power feeds from a substation directly across the street from the facility enabling long-term growth and an incremental 75MW of sellable UPS.
  • Campus Expansion Potential: Significant expansion capacity with almost 10 acres of adjacent owned land.
  • Network Diversity Options:Four fully diverse on-net fiber providers with multiple fiber routes to DataBank’s PIT1 location, which has more than 20 fiber providers and acts as the primary interconnection point and Meet Me Room in the market.

“We are thrilled to be able to expand in the incredibly innovative and growing Pittsburgh market with PNC as our anchor tenant in our second data center location,” stated Raul K. Martynek, CEO, DataBank. “We believe there is a shortage of high quality, enterprise-grade colocation options in the market and this new Pittsburgh facility will meet that need. We look forward to serving PNC Bank’s data center requirements and those of similar enterprises in the area.”

Pittsburgh is renowned for various organizations, communities and business sectors that require high capacity infrastructure services. These include Carnegie Mellon University, the University of Pittsburgh, The Pittsburgh Supercomputing Center and burgeoning AI-driven sectors such as autonomous vehicles.

Over the past year, DataBank has announced a series of data center builds and expansions – from the opening of its third Dallas data center to the launch of its Kansas City facility to the expansion of its first Pittsburgh data center. DataBank also recently acquired LightBound and its two enterprise-class data centers in Indianapolis. In total, and including the pending LightBound acquisition, DataBank now has 19 data centers in 9 markets.

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