Bed Bath & Beyond North Carolina Data Center Announcement

Bed Bath & Beyond was approved for tax incentives late Tuesday evening for its commitment to a new 48,000 square foot data center building located in Catawba County, North Carolina.  This Fortune 300 company adds to the growing roster of corporate data centers in the North Carolina region.

Five 9s Digital partnered with the building owner to take the facility to the market as a data center in 2011.  The building was Best Data Sites Certified™ by Mission Critical Consultants and provided a great opportunity for new data center initiatives searching for options in North Carolina.

Bed Bath & Beyond will join some of the newcomers to the state such as Apple, Google, Disney, AT&T, WiPro, American Express, Facebook and others.

“The availability of low cost, highly reliable power, attractive tax incentives, the low risk of natural disasters, and fiber connectivity are all factors that contribute to the success of the region for new corporate data centers,” states Josh Price, Director of Marketing and Research for Five 9s Digital.

The data center building selected by Bed Bath & Beyond is located in Catawba County in a master planned data center development in the City of Claremont.  Five 9s Digital has completed design plans to commence with a second 50,000 square foot data center expandable to over 100,00 square feet ideal for future corporate data center initiatives.

Jones Lang LaSalle represented Bed Bath & Beyond in the transaction.

“We are very appreciative of the cooperation of both Catawba County and the City of Claremont and look forward to continuing to work together,” CEO of Bed Bath and Beyond, Steven Temares said.

Bed Bath & Beyond’s expected investment on this project is estimated to be approximately $37 million.

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About Five 9s Digital, LLC

Five 9s Digital is a data center real estate company offering data center development, investment sales, real estate advisory, and colocation and wholesale data center selection and procurement services. Five 9s Digital has been involved in the development and ownership of multiple mission critical facilities from single user build-to-suit facilities to multi-tenant data centers. Five 9s Digital brings a wealth of experience, background and expertise in providing solutions to the data center arena. Due to the specific and yet evolving requirements of mission critical end users in today’s world, Five 9s Digital is able to offer real solutions, real facilities, and real choices due its extensive and up-to-date knowledge base. Five 9s Digital is a Best Data Sites Certification Alliance™ member.
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