MetroNexus and Its Partner Core Location Welcome Sprint as First Tenant At `Metro Technology Center Atlanta'.Business Editors/Hi-Tech Writers ATLANTA--(BUSINESS WIRE)--April 23, 2001 Development of $80 Million Mega Carrier-Neutral Facility Affirms Atlanta's Rise as a Telecommunications Hub MetroNexus, provider of the first truly global network of carrier hotels, with its local partner Core Location, one of the premier real estate and technology development companies, announced today that Sprint has signed a lease at Metro Technology Center Metro Technology Center is a public career and technology education center located in Oklahoma City, Oklahoma and is part of the Oklahoma Department of Career and Technology Education system. Atlanta (MTCA MTCA Model Toxics Control Act MTCA Medium Term Conflict Alert (air traffic management) MTCA Minimum Terrain Clearance Altitude ), the city's largest Internet data center. MTCA, a nearly one million square foot carrier hotel located in Midtown Atlanta  should be added to this article, to conform with Wikipedia's Manual of Style.Please discuss this issue on the talk page. , was designed to provide a neutral telecommunications and data center environment to accommodate the requirements of network providers, Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. companies, ISPs and ASPs. Sprint's lease for approximately 100,000 square feet is the largest telecommunications/data center transaction in Atlanta signed during the past six months. Sprint will locate its Atlanta E|Solutions Internet Center, one of 18 it plans to open throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. over the next two years, at MTCA. The Atlanta facility is part of Sprint's high-growth strategy designed to offer customers a full range of co-location, Web hosting and application services See ASP and Web services. . "Sprint required a reliable and secure physical environment to safeguard its customers' data. The company had a large power requirement and needed room for expansion. With nearly one million square feet of highly secure, pre-engineered space available to house advanced telecommunications and data operations, we were able to offer Sprint what it needed," said Michael Jacoby, President of Core Location. "The building is one of the largest dedicated carrier-neutral telecom and co-location properties in the southeastern United States." "The fact that this facility is attracting world-class carriers like Sprint is no accident," Jacoby remarked. "Metro Technology Center Atlanta is smack in the middle "Smack in the Middle" is a first-season episode of Batman. It first aired on ABC January 13, 1966 as the second episode of the series, and was repeated on August 25, 1966 and April 6, 1967. of the major southeastern telecommunications hub, where all the fiber optic long-haul networks come together. We are also part of the most stable power grid in the United States and can offer tenants significant energy savings because of our unique agreement with Georgia Power Georgia Power is an electricity corporation based in Georgia. It is the largest of the four electric utilities that is operated by Southern Company. Georgia Power is an investor-owned, tax-paying public utility that serves more than two million customers in all but four of ." Under the terms of this agreement, MetroNexus and Core Location built a 120 mVA (megavolt megavolt /mega·volt/ (MV) (meg´ah-volt) one million (106) volts. meg·a·volt n. Abbr. MV One million volts. megavolt one million volts. amperes) substation onsite, which will be deeded to Georgia Power and connected to the utility's grid. Internet and telecommunications tenants will be able to draw up to 100 watts per square foot of electricity to power and cool their electronic equipment, which must operate 24 hours a day, seven days a week. As MTCA continues to fill, tenants will realize substantial cost savings for the power they draw, taking advantage of Real Time Pricing and lower rates. "Metro Technology Center Atlanta is a critical node An element, position, or command and control entity whose disruption or destruction immediately degrades the ability of a force to command, control, or effectively conduct combat operations. Also called target critical damage point. in our global network of class A telecom hotels in tier one cities including metro New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Houston, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Seattle, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Stockholm and future facilities to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. over the next year," said Alex Twining twine v. twined, twin·ing, twines v.tr. 1. To twist together (threads, for example); intertwine. 2. To form by twisting, intertwining, or interlacing. 3. , President and COO of MetroNexus, LP. "We welcome Sprint as the first tenant in our Atlanta facility and believe our proximity to the backbones of multiple fiber carriers, redundant power grids and bandwidth end-users will position us as the chosen site for leaders in the telecom and Internet data center industry seeking facilities in the Atlanta area. In addition, we are able to respond to requirements for immediate occupancy and facilitate the occupancy transition to meet speed-to-market demands." An $80 million capital investment has transformed the former "Space Center," used by the1996 Summer Olympics to store equipment, into this state-of-the-art mission-critical facility. The MTCA building, located at 1033 Jefferson Street, was constructed by Sears in 1954 and later expanded to its current size. It was used for 36 years as the company's southeast distribution center. Located 2.5 miles northwest of downtown, only 1.5 miles from Georgia Tech, and 14 miles from Atlanta's Hartsfield International Airport, MTCA is a symbol of the post-industrial renaissance of the area west of Midtown. In 1996, the area was designated as an Enterprise Zone to encourage development and now offers a significant tax abatement schedule for tenants moving into the building. Today, the area is characterized by the new development of lofts for high-tech companies and artists as well as the conversion of warehouses to retail and residential properties. About Sprint Sprint is a world-class global communications company - at the forefront of integrating wireline and wireless communications services. Sprint is a large carrier of Internet traffic and a leader in broadband communications. The company built and operates the United States' first nationwide all-digital, fiber-optic network and provides a portfolio of advanced data communications services. It operates the largest 100 percent digital, 100 percent nationwide PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint has $23 billion in annual revenues and serves more than 23 million business and residential customers. About MetroNexus MetroNexus, a Morgan Stanley Real Estate Funds Enterprise, headquartered in New York, focuses on the acquisition, development, leasing and management of state-of-the-art, carrier- neutral telecom hotels in North America and Europe. The Morgan Stanley Real Estate Funds launched the $1.25 billion global telecom hotel enterprise in May 2000. This carrier-hotel network is powered by two companies: MetroNexus and Global Gateway, which operate in North America, Europe & Asia. The companies have acquired almost six million square feet in Houston, Jersey City, San Diego, Seattle, Marseilles, Hong Kong and Singapore. The Morgan Stanley Real Estate Fund platform brings together a core team of telecommunications, real estate and financial experts with experienced local development partners in order to deliver a seamless network of facilities on a global scale and is the first truly global, branded network of carrier hotels today. About Core Location Established in March 1999 by telecommunications entrepreneur and Digex founder Doug Humphrey, and commercial real estate professionals Michael Jacoby, Mark Ezra and Fred Ezra, Core Location, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is recognized as one of the first and most technologically advanced Internet real estate "Internet Real Estate" is a popular buzzword that has two different definitions. First, "Internet Real Estate" can be used to describe the use of the Internet to promote, advertise, and view commercial and residential real estate for lease or purchase. companies in the United States. Based in Bethesda, Maryland, outside the nation's capital, Core location has created a model for the large-scale carrier-neutral collocation facilities. The company's first major project, the award-winning 1.2 million square foot Lakeside Technology Center in Chicago, Illinois, houses the country's leading telecommunications and Internet companies' Web hosting, switch and data center operations. In addition to Lakeside Technology Center, Core Location has developed Metro Technology Center Atlanta, the 200,000 square foot San Jose Technology Center in San Jose California, and a 160,000 square foot telecom facility in Northern Virginia. Core Location's in-house staff of experts provide real estate development, management, leasing, and Internet/telecom planning and management. Core Location has also provided consulting services to developers and property owners considering collocation facility projects. |
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