Title: Harrison Street and 1547 Acquire Hawaii's Largest Carrier-Neutral Data Center: A Strategic Move in the Digital Infrastructure Market

Content:

Harrison Street and 1547 Acquire Hawaii's Largest Carrier-Neutral Data Center

In a significant move within the digital infrastructure market, Harrison Street and 1547 Critical Systems Realty have jointly acquired Hawaii's largest carrier-neutral data center. This acquisition marks a strategic expansion for both companies, emphasizing their commitment to enhancing digital infrastructure across the United States. The facility, located in Honolulu, is a pivotal hub for connectivity in the Pacific region, serving major clients across various industries.

Strategic Importance of the Acquisition

The acquisition of this carrier-neutral data center in Hawaii is not just a business transaction; it is a strategic move that positions Harrison Street and 1547 at the forefront of the digital infrastructure landscape. Carrier-neutral data centers are crucial for businesses that require robust, high-speed connectivity without being tied to a single provider. This flexibility is especially important in a geographically isolated location like Hawaii, where connectivity to the mainland and other Pacific regions is vital.

Key Benefits of the Acquisition

• Enhanced Connectivity: The data center's strategic location in Honolulu enhances connectivity not only within Hawaii but also to Asia and the mainland U.S., making it an essential node in the global digital network.
• Diversification of Services: By acquiring this facility, Harrison Street and 1547 can offer a broader range of services, including colocation, cloud, and managed services, catering to the growing demand for digital solutions.
• Market Expansion: This move allows both companies to tap into the growing market in the Pacific region, which is seeing increased demand for data center services due to the rise of cloud computing and digital transformation initiatives.

About Harrison Street and 1547

Harrison Street, a leading real estate investment firm, focuses on sectors that benefit from demographic and economic trends, including digital infrastructure. Their partnership with 1547, a specialized data center operator, leverages the strengths of both companies to expand their footprint in the data center market.

Harrison Street's Role

• Investment Strategy: Harrison Street's investment in digital infrastructure aligns with their strategy to invest in sectors with strong growth potential. The acquisition of the Hawaii data center is a testament to their commitment to this sector.
• Long-term Vision: By investing in this facility, Harrison Street aims to capitalize on the long-term growth prospects of the digital infrastructure market, particularly in regions with high connectivity needs.

1547's Expertise

• Operational Excellence: 1547 brings its expertise in operating and managing data centers, ensuring that the facility in Hawaii continues to provide high-quality services to its clients.
• Client-Centric Approach: 1547's focus on client satisfaction and service innovation positions the company to meet the evolving needs of businesses in the Pacific region.

Impact on the Local and Global Market

The acquisition of Hawaii's largest carrier-neutral data center has significant implications for both the local and global markets. Locally, it strengthens Hawaii's position as a connectivity hub in the Pacific, attracting more businesses to the region. Globally, it enhances the network of digital infrastructure that spans continents, supporting the increasing demand for data and connectivity.

Local Market Impact

• Economic Growth: The acquisition is expected to boost the local economy by creating jobs and attracting more businesses to Hawaii.
• Improved Connectivity: Enhanced data center services will improve connectivity for businesses and residents, supporting digital transformation initiatives across various sectors.

Global Market Impact

• Enhanced Network: The addition of this data center to Harrison Street and 1547's portfolio enhances their global network, providing more options for businesses seeking reliable data center services.
• Strategic Positioning: The strategic location of the Hawaii data center positions both companies to better serve clients in the Asia-Pacific region, a market with significant growth potential.

Future Prospects and Plans

Looking ahead, Harrison Street and 1547 plan to further invest in the Hawaii data center to expand its capacity and services. This includes upgrading the facility's infrastructure to meet the growing demand for high-speed connectivity and cloud services.

Expansion Plans

• Infrastructure Upgrades: Plans are in place to upgrade the data center's infrastructure, including power and cooling systems, to support higher densities and more advanced technology.
• Service Expansion: The companies aim to expand their service offerings, including the introduction of new cloud and managed services tailored to the needs of clients in the Pacific region.

Long-term Goals

• Market Leadership: By continuing to invest in strategic locations like Hawaii, Harrison Street and 1547 aim to establish themselves as leaders in the digital infrastructure market.
• Sustainable Growth: Both companies are committed to sustainable growth, ensuring that their expansion efforts are environmentally responsible and aligned with long-term market trends.

Conclusion

The acquisition of Hawaii's largest carrier-neutral data center by Harrison Street and 1547 is a landmark event in the digital infrastructure market. This strategic move not only enhances connectivity in the Pacific region but also positions both companies for future growth and success. As the demand for digital services continues to rise, this acquisition underscores the importance of robust, carrier-neutral data centers in meeting the evolving needs of businesses worldwide.

By focusing on strategic investments and operational excellence, Harrison Street and 1547 are well-positioned to lead the way in the digital infrastructure market, driving innovation and growth in the years to come.