INFOMART purchases Boston property for telecom center

CarrierHotels News Staff

June 21, 2000 -- INFOMART has purchased a 400,000-square-foot property at in the Boston suburb of Watertown, Mass. for a new data center.
The Dallas-based company will significantly retrofit the property at 555 Pleasant Street and lease it to telecom providers and Internet firms. The new property will be named INFOMART Boston.'
"The Watertown location is central to both the bandwidth user and provider communities in the Greater Boston area,"' said Thomas Niles, INFOMART partner and vice president of development. "`It is positioned for a speedy conversion and will significantly enhance a growing telecommunications corridor."
INFOMART said it will invest more than $20 million improving the structure and bolstering its technical infrastructure.
"This property has key features fundamental to Internet, co-location and telecommunications providers such as a heavy floor loading capacity of 250 pounds per square foot, large contiguous floor plates, high ceilings and proximity to local and long distance fiber optic networks,'' said INFOMART partner Dick Galvin.
The facility is the company's fourth telecommunications property. INFOMART currently owns and operates similar facilities in Dallas and recently announced plans to redevelop the former Terminal Annex Post Office facility in downtown Los Angeles.