Oct. 18, 2002 -- JMA Properties, Inc., has acquired Carrier Center Los Angeles, a 450,000 square foot carrier hotel at 600 West 7th Street in downtown Los Angeles, the company said yesterday.
JMA purchased the building from 360networks, paying $27 million in a bankruptcy court sale. 360networks filed for Chapter 11 protection in June, 2001.
The acquisition adds to JMA's portfolio of telecom buildings, which includes properties in San Francisco, Oakland, Phoenix and Los Angeles, where JMA owns Telecom Center Los Angeles, a 163,600 square foot building at 530 West 6th Street.
Carrier Center Los Angeles (CCLA), located in the heart of the Wilshire telecom corridor, offers state-of-the-art infrastructure, with mission critical N+2 back-up capabilities.
Built in 1915 as the headquarters for the J.W. Robinson department store, 600 West 7th was redeveloped in 2000 as a carrier hotel by Telecom Real Estate Services, which later sold the site to 360networks.
JMA Wired, the telecom unit of JMA Properties, will immediately open and operate its fourth Network Access Center (NAC) in Carrier Center Los Angeles. Each NAC is a carrier neutral colocation facility suitable for web hosting, at a storage, disaster recovery and the deployment of wireless network equipment.
Additional Network Access Centers are located in JMA facilities in San Francisco, Oakland and Los Angeles.