"We're very pleased to be fully funded for future growth," saysDataPipe founder and CEO Robb Allen, in a statement. "This fundingwill enable us to expand our data center facilities and enhance ourservice offerings. It's great news for our clients."
The first priority, according to Allen, will be expansion of thecompany's data center at 200 Campus Dr. in Somerset, NJ. DataPipehas occupied the location for about a year, and the 36,400-sffacility and its site have the expansion potential for 60,000 sf.The company is also taking a look at expansion opportunities inLondon and China, Allen says.
DataPipe has had its headquarters at 10 Exchange Pl. here justsince late 2007 when it subleased 21,000sf from Aegis Insurance and moved its head office across the townline from nearby Hoboken.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
