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CyrusOne Opens New Data Center in Panattoni's Beltway 8 Corporate Centre in Houston

March 29, 2010

Houston, TX--CyrusOne held its Grand Open House event earlier this month for its new 92,000 square foot data center within Beltway 8 Corporate Centre, Houston, Texas. Built from the ground-up in six months, the state-of-the art, colocation, data center facility has been operational since December 2009 with on-going customer installations. The business park features six buildings developed by Panattoni Development Company, Inc. totaling over 1,500,000 square feet and an additional 60 acres available for build-to-suit opportunities and future development.

Beltway 8 Corporate Centre is located in West Houston along the Beltway 8 Toll Road between Clay Road and Tanner Road, just North of Interstate 10. CyrusOne joins other tenants within Beltway 8 Corporate Centre including Allstate Insurance, Walgreens, Mercer, Cameron, National Oilwell Varco and Carbo Ceramics.

CyrusOne and Panattoni entered into a build-to-suit agreement in the second quarter of 2009 and began construction in May of last year. The facility was constructed by Metzger Construction and was shell complete in November 2009 with remaining infrastructure added by December 2009 to bring the facility on-line and ready for customer installation.

According to Justin Bennett, Development Manager for Panattoni, "This project demonstrates the capabilities and strength of all of the parties involved. Despite the challenges that existed in 2009 with respect to real estate transactions, the CyrusOne build-to-suit was one of the very few new construction starts within Houston in the last year. CyrusOne is a first-class organization, and this deal is evidence of their clear recognition relative to the advantages of choosing a development team that can deliver the quality product that now exists within Beltway 8 Corporate Centre."

“We chose this business development park based on numerous criteria including flood zones, access to fiber and expansion capability,” said David Ferdman, President and CEO, CyrusOne. “The additional acres to build additional data centers, gives us the flexibility to meet customer demands as needed.”

Similar to other CyrusOne facilities in Texas, the West Houston data center features the highest power and cooling redundancy offered in the region.

CyrusOne is a leader in high-availability, high-density data center services, offering colocation and implementation services for companies in a wide range of industries, such as Schlumberger, Marathon, Repsol, YPF and Christus Health. The company has seven data centers in Texas including three in Houston, three in Dallas, and one in Austin. CyrusOne is sponsored by ABRY Partners, a Boston-based private equity investment firm with $21 billion in investments across more than 450 media and communications properties. For more information, visit www.cyrusone.com or call 1-866-297-8766.

Panattoni Development Company (PDC) is a privately held, full service development company founded in 1986. During the last five years, the firm has completed 75 million square feet of space worldwide. PDC has developed industrial, office and retail facilities in more than 200 markets. The firm is headquartered in Sacramento, California, and maintains offices throughout the United States, Canada and Europe.

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April 12, 2010 -

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March 15, 2010 -

Ashley Furniture Signs Major Lease at Panattoni's Airtex Industrial Center



March 2, 2010 -

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Panattoni Development Company Signs 52,000 SF Lease



November 10, 2009 -

Major Industrial Acquisition in PA Made By Panattoni Development on Behalf of Fund



September 28, 2009 -

Panattoni Development Company Signs 136,250 SF Lease



September 4, 2009 -

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August 13, 2009 -

Panattoni Development Company and Goodwill Industries of Seattle Sign 108,000 SF Lease
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July 28, 2009 -

Panattoni Lands Build-to-Suit Assignment in Houston



June 22, 2009 -

Catoosa County Economic Development Authority Appoints Panattoni to Develop 50 Acre Business Park



June 11, 2009 -

PANATTONI DEVELOPMENT COMPANY PURCHASES MARYLAND FARMS OFFICE BUILDING
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September 26, 2008 -

Panattoni Development Company Acquires 59 Acre Site for Industrial Development



August 8, 2008 -

Panattoni Acquires 51 Acres in Collington Trade Center



July 21, 2008 -

Panattoni Completes Major Retrofit and Leases Duluth Office Building



June 23, 2008 -

Panattoni Development Company Selected for 700,000 SF Build-to-Suit Project



June 5, 2008 -

Ford Sells St. Louis Property to Panattoni



June 2, 2008 -

Peek Joins Panattoni Development



April 17, 2008 -

Panattoni in Sale/Leaseback Transaction in Smyrna, Georgia



February 27, 2008 -

Panattoni Announces 93,000 Square Foot Kohl's at the Shoppes at Southern Palms



February 15, 2008 -

Panattoni Acquires 60-Acres and 1 Million SF of Office Buildings from Boeing in Anaheim, CA
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January 29, 2008 -

Elliott Appointed Leasing Director for Panattoni's Retail Operations in Southern California



January 23, 2008 -

Townsend to Direct Maryland and Central Pennsylvania Operations as Senior VP, Project Principal



January 14, 2008 -

Salmon Joins Panattoni Development to Direct Operations in Dallas/Ft. Worth, TX



January 3, 2008 -

Panattoni Acquires Houston Based Archway Properties
Dennis to Direct Operations


November 12, 2007 -

Panattoni Acquires Two Properties in the Silicon Valley Adding to its Inventory



November 5, 2007 -

Panattoni Development Company, LLC Taps DeNicola to Head Retail Division



November 1, 2007 -

Panattoni Development Company Opens an Office in Calgary



October 25, 2007 -

Panattoni Acquires 5 Building Complex in Nashville



October 4, 2007 -

Kindred Joins Panattoni Development Company, LLC



September 11, 2007 -

Panattoni Development Company, LLC Negotiates 3,884 SF Lease with Medical User



August 29, 2007 -

Twin Peaks Mall Aquired By National Developer Panattoni



May 25, 2007 -

Panattoni Development Company, LLC Negotiates 5,549 Square Foot Lease



May 3, 2007 -

Geisreiter Joins Panattoni Development as Partner to Direct Northern California Office Development



April 25, 2007 -

Panattoni Appoints Batcheller Partner to Direct Orange County and Inland Empire Operations



April 10, 2007 -

Panattoni Development Company, LLC Negotiates 149,705 SF Lease



March 23, 2007 -

Panattoni Development Company Plans 35 Acre Flex/Light Industrial Development Project



February 20, 2007 -

Panattoni Appoints Retail Partner



January 30, 2007 -

Panattoni Development Company, LLC Announces Appointment of Partner



January 16, 2007 -

Panattoni Breaks Ground on the First Office Building in a New 27 Acre Development in Carmel, Indiana



January 2, 2007 -

Panattoni Adds Gebhardt as Partner in Southern California