Telefonica Leases Entire Miami Data Center
Takes 173,000 s.f. of space in Lightspeed facility

March 27, 2001 -- Telefonica DataCorp, a unit of Spanish telecom giant Telefonica S.A., has signed a lease with Lightspeed Infrastructure LLC to occupy an entire building within Lightspeed Miami Center.
Telefonica DataCorp will lease a 173,000 square foot building to house the company's first data center in the United States. The two-story building is currently under construction and scheduled to be completed by the end of this year.
Lightspeed Miami Center is a telecom park located on over 100 acres, just west of the Miami International Airport. The project is slated to eventually encompass more than 3 million square feet of space.
Other major tenants of Lightspeed Miami Center are Exodus Communications, and one of the four nodes of the BellSouth MIX (Multimedia Intermedia Exchange).
Telefonica, the leading telecommunications provider in the Spanish and Portuguese speaking world, is Spain's largest company, with more than $20.3 billion in annual revenues.
"LightSpeed Miami Center is the only location in the Southern U.S. that fits our demanding criteria in terms of connectivity and Category Five hurricane resistance,'' said Eduardo Gomez-Leal, Telefonica Data hosting business manager. "It was extremely important that our first data center in the U.S. be located in a superior structure and within a leading technology park.''
"Telefonica is the premier telecom company serving Latin America and Spain, and it's an extraordinary statement that they chose a LightSpeed location for their entree into the U.S. data market,'' said Michael J. Swerdlow, Chairman and Chief Executive of LightSpeed Infrastructure and Swerdlow Group.
Telefonica DataCorp's building is designed to withstand a category five hurricane (sustained wind speeds of 155 miles per hour, with wind gusts up to 200 miles per hour). It will also contain reliable, redundant power supply from multiple power grids. Other LightSpeed Centers currently under development include: LightSpeed Gateway Center in the Coral Gables area of Miami; LightSpeed Ft. Lauderdale Center at I-95 and Cypress Creek Road; and LightSpeed Silicon Valley, just two miles from the Metropolitan Area Ethernet (MAE West) in the heart of Silicon Valley.
LightSpeed Infrastructure is a subsidiary of LightSpeed Capital, a company controlled the Swerdlow Group. It develops carrier neutral telecommunication and collocation facilities, and is headquartered in Hollywood, Fla..