Jones Lang LaSalle and Aviva Investors today announced that London Data Exchange (LDeX) has signed a 20 year lease on 22,000 sq ft of premium space in North London, NW2.
The agreement will see LDeX – providers of network independent co-location solutions and data centres in London, take sole occupancy and assume operational control of the 22,000 sq ft building in order to construct an enterprise grade, network independent data centre facility. LDeX will be investing £5 million into the development which is expected to open in Q1 2012.
LDeX offer carbon neutral co-location solutions in London to organisations looking to outsource their data centre equipment within a specialist managed facility whilst still maintaining ownership and complete control over their own equipment. The LDeX1 facility will offer power protection, high capacity cooling systems, high levels of security and direct access to leading network and communications providers.
Robin Garbutt, LDeX’s CEO commented; “This is an exciting time for LDeX and sees months of planning come to fruition. LDeX1 will be the first of many LDeX carrier neutral data centres rolled out in North London over the next three years to meet the increasingly high demand for network independent colocation space.”
Garbutt says that further details of opening dates, location and technical specifications will follow in the coming weeks and that LDeX are already exploring options with anchor tenants and other interested clients.
Charlie Carden, Associate Director at Jones Lang LaSalle added; “LDeX’s significant capital investment in North London reinforces the ongoing demand for cost effective colocation solutions and ensures a long term relationship with Aviva Investors.”
Jones Lang LaSalle acted on behalf of Aviva Investors, the owners of the property.
