Cordiant Digital Infrastructure Acquisition Strengthens DataGryd’s Expansion Strategy 

January 14, 2022 Cordiant Digital Infrastructure Ltd announced it has completed the asset acquisition of DataGryd Datacenters LLC

We are excited to announce the acquisition of DataGryd Data Centers assets by Cordiant Digital Infrastructure. Cordiant Capital brings a long term investment vision and substantial industry knowledge that will significantly benefit us in our future growth. 

 Cordiant Digital Infrastructure anticipates investing an incremental $75m of expansion capital into DataGryd over the next three years which will strengthen DataGryd’s current growth strategy.  Since founding in 2011, Datagryd has continued to evolve and expand operations within the 60 Hudson facility, including construction of the MegaSuite data hall. Under Cordiant’s ownership, DataGryd will pursue an option to take-up an additional 120,000 sq ft of data center space. In turn, DataGryd’s planned expansion will bring its presence at 60 Hudson Street to four floors, equivalent to 34%+ of the leasable space within the building.

 Benn Mikula, Managing Partner and Co-CEO, Cordiant Capital commented: “The DataGryd platform offers our investors a compelling investment opportunity to invest in interconnect data centers and we are delighted to add this platform to our portfolio. This platform can deliver scale, high quality infrastructure, power and technical skill in what we believe is the most connected building in the most connected city globally. These are strategic assets with significant growth potential.”

DataGryd's CEO Thomas Brown added: "As a patient, well-funded and long-term investor with industry expertise, Cordiant Digital Infrastructure is ideally positioned to support us in our planned expansion to four floors of 60 Hudson and beyond. This platform has the capabilities to become the leading player in this critical market segment."

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy - data centres, fibreoptic networks and broadcast and telecommunication towers - "the plumbing of the internet" - in the UK, Europe and North America. Further details of the Company can be found on the Company's website at www.cordiantdigitaltrust.com.

 Cordiant Capital Inc., the Company's investment manager, is a sector-focused investment manager with particular expertise and experience in digital infrastructure. Cordiant invests in global infrastructure and real assets, running infrastructure private equity and infrastructure private credit strategies through limited partnership funds and managed accounts. Cordiant's current client base consists of global insurance companies, pension plans and family offices.

 DataGryd Data Centers operates the largest single footprint Data Center available in New York City’s 5 boroughs in a strategic international data network hub. 

 Facility Overview                                   

60 Hudson Street facility offers a turn-key, high-power Data Center space known as the MegaSuite, which provides technology-driven operational efficiencies that reduce costs for entry and power.

Solutions

 Space: 120,000 square-feet of available colocation space, one of the largest single footprint Data Center spaces currently available anywhere in New York City                                     

Power: high-density colocation space utilizing a proprietary MicroGrydTM technology, offering dual contingencies and delivering the highest value in energy efficiency with direct primary utility feeds offering up to 12,000 kW of power                                                                       

Connectivity: Located at the world's most concentrated hub of Internet connectivity, Datagryd provides access to 300+ global carriers and exchanges with easy conduit access throughout building                                                            

Well suited to support retail and/or wholesale colocation services, delivering power density well above the offerings of most carrier hotels

 Retail Colocation

Space, power, and access to connectivity offered to customers who wish to deploy servers in a managed Data Center facility.

 Wholesale Colocation

Large blocks of space and power offered to large customers including Enterprises, cloud providers, or other colocation providers who will customize the space to suit their own need, which is some cases is resale as retail colocation

 DataGryd is currently going through a rebranding initiative and will operate under a new, to-be-determined, brand name in the coming months.

DataGryd MegaSuite 6 Timelapse 3

Datagryd CEO Tom Brown at MetroConnect 2019

Forbes Real Estate Investor: Newsletter

MetroConnect 2019 : Interview with Datagryd CEO Tom Brown

DataGryd President and CEO Tom Brown to Speak at DICE Local: New Jersey

DataGryd, a premier data center provider in New York City, announces today that its President and CEO, Tom Brown, will participate in a panel at DICE Local: New Jersey, taking place on October 22, 2019, in Carlstadt, New Jersey.

DataGryd Completes MegaSuite 6 Facility

DataGryd, a leading data center provider in New York City, announces today that it has completed MegaSuite 6, a high-density and high-performance data center suite designed to meet clients’ expanding requirements for data processing and storage. MegaSuite 6 delivers secure and reliable infrastructure to seamlessly support evolving networking demands.

Press Release: DataGryd Names Thomas Brown as President and CEO

DataGryd,  a  leader  in  data  center  development  and  operations  in Manhattan, announces the appointment of Thomas Brown as President and Chief Executive officer.  In this role, Mr. Brown will lead the development and execution of DataGryd’s short and long-term strategies for financial growth, as well as oversee the company’s operations and management.

Data Center Post: Peter Feldman, CEO and Principal of DataGryd, Discusses What Makes 60 Hudson Different, the Impact of the Cloud and His Belief in a Certain Mythical Creature 

On the eve of IMN’s 7th Annual Provider Forum on Data Centers & Cloud Services Infrastructure (East), where DataGryd’s Peter Feldman will appear on the Cloud Service Provider CEO Panel, Data Center POST interviewed the company’s CEO and principal to discuss what sets DataGryd apart from other colocation facilities in the New York metro area, the needs of Cloud providers, and his abiding belief in unicorns.

Data Center Frontier: Greater New York Market Sees New Players, Pockets of Strength

In recent years, the Greater New York data center market has faced several strong headwinds, including the financial crisis and its chilling effect on spending, fallout from flood-related outages during Superstorm Sunday, and a tough competitive environment for the region’s wholesale providers.

Data Center Post:As New York City’s Tech Sector Expands, DataGryd’s Data Center Keeps Pace

In a recent article that appeared in Crain’s New York Business, journalist Matthew Flamm explored the current growth surge throughout the Big Apple’s technology sector. Citing nearly a dozen organizations, from up-and-coming and innovative e-commerce and advertising technology companies, to venture capital investment database and tech-focused boutique legal firms, Flamm is especially bullish on technology across the New York metro area.

Press Release: DataGryd Completes Infrastructure Upgrades at Its 60 Hudson Data Center

DataGryd, a leader in data center development and operations in Manhattan, today announces the completion of infrastructure updates at its 60 Hudson facility, offering built-to-suit colocation opportunities to incoming tenants.

Conferences Attending

Capacity North America
Denver, CO
September 5-6 2018
https://www.capacitymedia.com/events/capacity-north-america