Flexential Moves Forward with Portland-Area Expansion
The data center provider's footprint in the metro will reach 1.5 million square feet.
Flexential has purchased a parcel in Hillsboro, Ore., for the development of its sixth data center, as part of its expansion strategy in the metro.
The project, dubbed Hillsboro 6, will consist of a 350,000-square-foot, two-story facility with 27 megawatts of power, expanding the company’s footprint in the area to 1.5 million square feet.
The development site is across from the company’s first data center in the city, Hillsboro 1, at 3935 NE Aloclek Place. The upcoming facility will feature colocation, interconnection, cloud, data protection and professional services, with infrastructure designed for enterprise, cloud workloads and artificial intelligence.
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Flexential’s Hillsboro data center footprint includes four facilities totaling 824,071 square feet and 77.3 megawatts of power capacity. Currently underway is the 358,000-square-foot, 36 megawatts Hillsboro 5, scheduled to come online in 2026.
The power provider for this campus is Portland General Electric’s Sunset Reliability Center, allowing access to redundant power grid and priority fuel delivery. Flexential’s campus forms a key transpacific interconnection hub, with the Hillsboro 2 facility referred to as the Network Access Point of the Northwest, due to housing the largest connectivity hub in the Portland metro area and country’s landings of two subsea cables, the Hawaiki and New Cross Pacific.
Last year, Flexential secured a long-term equity investment from Morgan Stanley Infrastructure Partners, that became a co-investor alongside GI Partners. Since then, the company has raised nearly $1 billion for its development and expansion strategy in the sector.
The firm’s data center footprint in the U.S. includes more than 330 megawatts of capacity across 40 facilities encompassing over 3 million services. Additionally, Flexential is active in 18 major markets for deployment flexibility.
Flexential’s recent moves
Hillsboro is becoming an attractive tech and data center hub in the country due to the state’s favorable tax environment, high-capacity fiber, clean energy options and infrastructure. According to a CBRE report, in the first half of this year Hillsboro’s data center vacancy rate clocked in at 0.2 percent, the lowest among the country’s primary markets and only 13-basis-points higher when compared to the first half of the previous year.
Another one of Flexential’s projects is taking shape in Parker, Colo., where the company has its fifth colocation facility under construction and the largest one in the Denver metro area. The project, a 22.5-megawatt data center campus, is expected to open in 2026.
Earlier in May, Flexential completed the acquisition of a data center it has been occupying in Norcross, Ga. With its lease set to expire in August this year, the company how now achieved full ownership of its entire Atlanta data center footprint and plans a 40,000-square-foot expansion at its property.
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