1888PressRelease - Lincoln Property Company's Data Center Division To Acquire Strategic Mission Critical Data Center Facilities.
Lincoln Rackhouse announced today that it is seeking to expand its data center investment portfolio in key markets throughout the US and Canada. Lincoln Rackhouse is the data center division for Lincoln Property Company ("LPC"). Based in Dallas Texas, LPC is one of the largest privately held real estate development and investment firms in North America. Lincoln Rackhouse has recently made investments in data center projects located in Plano Texas, Denver Colorado and Westchester County New York.
Market estimates point to over 2,000 data centers worldwide and this number is increasing with no signs of slowing down in the coming years. "Our investors and partners continue to see data centers as more than just 'niche' real estate investments. More analysts are taking note of data centers as 'core' investments", said Martin Peck, Managing Director for Lincoln Rackhouse. "Companies of all sizes continue to see the need to store their critical IT applications in secure, robust, 'off-site' facilities", Peck went on to say.
From a real estate investment perspective, the key drivers for any data center facility continue to be the availability to robust power and access to multiple fiber providers. "Traditional core real estate investors want to be located at the corner of 'main and main', we want to be located at the corner of 'power and fiber', said Thomas Hill of Lincoln Rackhouse. "We see 2014 as a continued high growth year for all segments of the data center industry including enterprise, colocation, public and private clouds, and consolidation".
About Lincoln Property Company:
Headquartered in Dallas, Texas, Lincoln Property Company is one of the largest and most respected diversified real estate services companies in the industry. The Company employs over 4,000 professionals in over 100 markets in the United States and Europe. Lincoln Property Company is one of the nation's largest property and construction management firms and offers a full spectrum of development, investment sales and brokerage services for third party clients as well as for its own portfolio.
About Lincoln Rackhouse:
Lincoln Rackhouse, the data center division of Lincoln Property Company, focuses exclusively on mission critical facilities through data center investments and development as well as site selection and brokerage. Lincoln Rackhouse aligns the goals of both real estate and IT departments by bringing focus, expertise and understanding of power, cooling , fiber/ latency, public utilities, redundancy, security , financing and construction.