BLOOMBERG SIGNS LEASE FOR NEW 131,805 SF DATA CENTER

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ORANGETOWN, N.Y.— Bloomberg LP has signed a lease for a new 131,805-square-foot, build-to-suit data center in Orangetown, located about 13 miles west of White Plains. The center is being developed by a joint venture of Russo Development and Sentinel Data Centers, which will retain ownership of the property. Upon completion, the facility will be a single-story property with infrastructure to provide more than seven megawatts of data capacity. The project is slated for completion in mid-2014. The Rockland County Industrial Development Agency endorsed Orangetown’s resolution to provide the project with a partial tax abatement package and Bloomberg’s lease agreement is conditional upon final authorization by the county executive.

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