{"id":1004050219,"date":"2012-09-19T23:58:35","date_gmt":"2012-09-20T07:58:35","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=69821"},"modified":"2022-12-06T12:12:04","modified_gmt":"2022-12-06T20:12:04","slug":"compass-buys-2-1m-site-in-durham-to-develop-data-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/compass-buys-2-1m-site-in-durham-to-develop-data-center\/","title":{"rendered":"Compass Buys $2.1M Site in Durham to Develop Data Center"},"content":{"rendered":"<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/09\/Data-Center.png\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-69827\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/09\/Data-Center.png\" alt=\"\" width=\"300\" height=\"225\" \/><\/a>by Adriana Pop, Associate Editor<\/p>\n<p>Compass Datacenters of Texas has completed the acquisition of a 16.5-acre site in Research Triangle Park, where it plans to build one of its first data center complexes in the U.S.<\/p>\n<p>According to the <em>Triangle Business Journal<\/em>, a subsidiary of the Dallas-based company has purchased the land from two seller groups for a total of $2.1 million. Compass intends to develop three 1.2 MW data centers on the site and has already received planning approval from local authorities.<\/p>\n<p>Chris Curtis, senior vice president of development and acquisitions for Compass, told the newspaper that Compass&#8217;s plan is to give companies an option to manage their data systems without having to build their own facilities. Each 21,000 square feet standalone, modular wholesale data center offers 10,000 square feet of raised-floor space for servers and equipment. The building pods can either be leased or sold to local companies.<\/p>\n<p>Compass also announced it has purchased a 14.6 acre parcel of land in Franklin, where it plans to build a total of five 1.2 MW data centers.<\/p>\n<p>In regional news, Durham-based solar energy company Semprius Inc. will officially open its first production facility on September 26 in Henderson, N.C. The company has committed to investing $89.7 million in the new Vance County center and expects to create 256 jobs over the next five years. The project was made possible in part by state grants from the Job Development Investment Grant and One North Carolina Grant programs.<\/p>\n<p>Semprius is an innovator in high concentration photovoltaic solar modules and expects to produce the world&#8217;s highest efficiency solar modules. At 33.9 percent conversion efficiency, the company&#8217;s modules are the first to convert more than one-third of the sun&#8217;s energy into electricity.<\/p>\n<p>&#8220;The opening of Semprius&#8217; solar manufacturing plant in Henderson further strengthens North Carolina&#8217;s leadership in clean technology and sustainability,&#8221; said Governor Perdue. &#8220;We congratulate Semprius on all of their successes thus far and look forward to their continued growth &#8211; and with it, new high tech jobs for the highly skilled North Carolina workforce.&#8221;<\/p>\n<p><em>Photo credits: www.compassdatacenters.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Adriana Pop, Associate Editor Compass Datacenters of Texas has completed the acquisition of a 16.5-acre site in Research Triangle Park, where it plans to build one of its first data center complexes in the U.S. According to the Triangle Business Journal, a subsidiary of the Dallas-based company has purchased the land from two seller [&#8230;]<\/p>\n","protected":false},"author":260,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,21748,21742,1604,21787],"tags":[],"class_list":["post-1004050219","post","type-post","status-publish","format-standard","hentry","category-brokerage","category-development","category-industrial","category-latest","category-raleigh-durham","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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