National Real Estate Advisors, LLC, on behalf of its Commingled Fund, is proud to announce the opening of Intergate.Manhattan. The Grand Opening featured a press conference followed by building tours and an evening reception. Press and guests gathered on the morning of the 20th in the lobby of the state-of-the-art data center to hear remarks from New York City Mayor Michael Bloomberg, Dave Sabey, Chairman, Sabey Data Center properties and Jeff Kanne, President and CEO of National Real Estate Advisors.
The Mayor spoke enthusiastically about the arrival of Integrate.Manhattan saying, “Ensuring that institutions – whether they’re financial services firms or health care providers or life science pioneers like the New York Genome Center – can securely store, access and share data is key to our city’s future. That’s why Intergate Manhattan is such an important addition to New York City’s data infrastructure and to our economy.”
Press and guests were offered building tours of the cutting edge, turnkey and powered shell floors available for lease. Intergate Manhattan’s first tenant, the Human Genome Project, is a genomic sequencing center and coalition which represents a computation and storage platform for 12 leading medical institutions managing the data challenges of patient care genomics.
The building, located in the heart of lower Manhattan, was developed originally in 1975 as a New York Telephone telecom switching center and was later used as aVerizon back office facility. After months of retrofitting the building and overcoming 35 years of changes to mechanical and electrical systems, the building was overhauled to enable a power capacity of up to 40 megawatts and over 600,000 square feet of data center floor space. Today, the building has state-of-the-art climate control and electrical systems. Intergate Manhattan offers a pre-action fire suppression system, 24-hour monitoring and operations support, biometric access control and on-site security officers. The building is situated on higher ground with the basement level 12 feet above the high water mark from Hurricane Sandy, and critical electrical service and related systems on the second floor, 33 feet above sea-level. The redevelopment of the more than one million square foot Intergate.Manhattan included critical contributions provided by IBEW electricians and NECA contractors.
Specializing in real estate investments on behalf of large institutional investors, National Real Estate Advisors, LLC (National) manages more than $1.7 billion of client capital invested in more than $4.5 billion of property nationwide. To learn more about National, please visit our website at www.natadvisors.com
With a portfolio of more than three million square feet of mission critical space, Sabey Data Center Properties is one of the oldest and largest privately owned multi-tenant data center developers and operators in the world. Sabey specializes in scalable, custom-built solutions including data center ready shell space and fully turnkey data centers managed by Sabey's award-winning critical environment staff. Consistently recognized for its reputation for operational excellence through its world-class data centers and sustained uptime, Sabey boasts one of the most sterling tenant rosters in the industry.