{"id":1004523353,"date":"2021-04-21T07:16:08","date_gmt":"2021-04-21T15:16:08","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004523353"},"modified":"2021-05-15T10:27:02","modified_gmt":"2021-05-15T18:27:02","slug":"serverfarm-enters-los-angeles-with-71m-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/","title":{"rendered":"Serverfarm Enters Los Angeles With $71M Acquisition"},"content":{"rendered":"
\"\"<\/a>

Serverfarm’s Los Angeles Data Center (LAX1). Photo courtesy of Miller + Miller Architectural Photography.<\/em><\/p><\/div>\n

Serverfarm, together with its partner NantWorks, has entered the L.A. data center market with the acquisition of a 117,500-square-foot data center in El Segundo, Calif. Previously owned by T5 Data Centers, the property traded for $71 million, according to CommercialEdge. A team of Transwestern brokers represented Serverfarm in the transaction.<\/p>\n

Renamed LAX1, the facility provides 12 MW of critical IT load and features an on-site power substation. The data center is capable of high-density deployments of up to 200 W per square foot of raised floor space. The carrier-neutral facility meets all HIPAA, HITECH and PCI compliance requirements. Serverfarm will apply its Data Center Management as a Service solution to LAX1, expecting to significantly lower carbon emissions.<\/p>\n

LAX1 is located at 444 N. Nash St. and is closely situated to major aerospace and defense contractors, R&D companies, as well as Los Angeles International Airport. Additionally, Serverfarm\u2019s headquarters is a few blocks away from the facility.<\/p>\n

Edge-play in underserved market<\/h2>\n

In an interview for JSA TV<\/em> published on YouTube<\/a>, Serverfarm Vice President of Real Estate Mario Calderone explained, in detail, the company\u2019s reasons for picking this location. The newly acquired data center was underutilized, according to Calderone, and Severfarm seeks to deploy the remaining capacity for future customers.<\/p>\n

Furthermore, Calderone explained that the overall L.A. data center market is underserved due to its prohibitive costs limiting supply. According to the same interview, the acquisition was an \u201cedge play\u201d by Serverfarm, capitalizing on the market\u2019s increasing demand.<\/p>\n

According to a Cushman & Wakefield report, Los Angeles had 2 MW of absorption in the second half of 2020, with 11 MW under construction at the time.<\/p>\n

Space for new development is limited in the market, with vacancies reaching 7 percent in the second half of 2020, the same report shows. In December last year, CoreSite completed an 18-megawatt<\/a> deployment downtown. Other major players in the Los Angeles data center market include Equinix, Amazon and Google.<\/p>\n","protected":false},"excerpt":{"rendered":"

The data center firm seeks to deploy further capacity at the site while also reducing carbon emissions.<\/p>\n","protected":false},"author":1284,"featured_media":1004528152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21755,21743,1594,21742,15],"tags":[47381,38088,33313],"class_list":["post-1004523353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centers","category-deals","category-los-angeles","category-latest","category-west","tag-serverfarm","tag-t5-data-centers","tag-transwestern"],"acf":[],"yoast_head":"\nServerfarm Enters Los Angeles With $71M Acquisition - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Serverfarm Enters Los Angeles With $71M Acquisition\" \/>\n<meta property=\"og:description\" content=\"The data center firm seeks to deploy further capacity at the site while also reducing carbon emissions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-21T15:16:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T18:27:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2700\" \/>\n\t<meta property=\"og:image:height\" content=\"1932\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/\",\"name\":\"Serverfarm Enters Los Angeles With $71M Acquisition - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg\",\"datePublished\":\"2021-04-21T15:16:08+00:00\",\"dateModified\":\"2021-05-15T18:27:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg\",\"width\":2700,\"height\":1932},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Serverfarm Enters Los Angeles With $71M Acquisition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d\",\"name\":\"Tudor Scolca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96\",\"caption\":\"Tudor Scolca\"},\"description\":\"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Serverfarm Enters Los Angeles With $71M Acquisition - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/","og_locale":"en_US","og_type":"article","og_title":"Serverfarm Enters Los Angeles With $71M Acquisition","og_description":"The data center firm seeks to deploy further capacity at the site while also reducing carbon emissions.","og_url":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-04-21T15:16:08+00:00","article_modified_time":"2021-05-15T18:27:02+00:00","og_image":[{"width":2700,"height":1932,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg","type":"image\/jpeg"}],"author":"Tudor Scolca","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/","url":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/","name":"Serverfarm Enters Los Angeles With $71M Acquisition - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg","datePublished":"2021-04-21T15:16:08+00:00","dateModified":"2021-05-15T18:27:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg","width":2700,"height":1932},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/serverfarm-enters-los-angeles-with-71m-acquisition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Serverfarm Enters Los Angeles With $71M Acquisition"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/daae3daa7b99fdfb75a85cb3cd92a26d","name":"Tudor Scolca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/TudorScolca_AuthorBio.jpg?w=96","caption":"Tudor Scolca"},"description":"Tudor Scolca-Seu\u0219an is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.","url":"https:\/\/www.commercialsearch.com\/news\/author\/tudor-scolca\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Serverfarm_Los_Angeles_Data_Center-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004523353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1284"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004523353"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004523353\/revisions"}],"predecessor-version":[{"id":1004534535,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004523353\/revisions\/1004534535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004528152"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004523353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004523353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004523353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}