PANATTONI DEVELOPING 94,000-SQUARE-FOOT DATA CENTER

HOUSTON — Sacramento, Calif.-based Panattoni Development Co. is developing a 94,000-square-foot, build-to-suit data center on behalf of CyrusOne. The facility is situated within Beltway 8 Corporate Centre, which is located along the North West Beltway in West Houston. The data center will feature redundant utility power feeds and access to one of Houston’s major telecommunications fiber corridors. Completion is slated for November. John Pruitt, Jessica Ochoa and Kristen Rabel of CB Richard Ellis, along with Justin Bennett of Panattoni, represented Panattoni in lease negotiations for the facility. CyrusOne was represented by Brant Bernet and Peter Tippen of Rackhouse, as well as Anthony Fritsche of Fritsche Anderson. Metzer Construction is serving as general contractor for the project. Acquisition financing is being provided by Sovereign Bank.