By Rayna Katz | New York
NEW YORK CITY—Sabey Data Center Properties has made available up to 500,000 square feet of high-security, technology-based office space at SDC Manhattan, the firm’s 1 million-square-foot Downtown facility at 375 Pearl St. Asking rents for the space are in the low $50s per square foot range.
Newmark Grubb Knight Frank is the exclusive leasing agent for Sabey Data Centers’ new office space. The NGKF team, led by David Falk, includes Danny Levine, Josh Gosin, and Jason Greenstein. NGKF’s Michael Morris leads the data center leasing team.
By combining a brand new, 40 megawatt data center with technology focused, high connectivity office space at a single location, Sabey plans to create what it’s calling a “digital factory” in Lower Manhattan that is designed to meet specifications of the Internet economy.
The company can re-clad up to 15 stories—almost the entire upper half of the building’s 32 stories—with a new window wall façade in order to take advantage of the property’s 360-degree, panoramic views of Manhattan island and New York harbor. The new window walls will wrap around the north, east and south exposures of the building. The building improvements will include pre-built interior space. Construction will start this summer.
Says John Sabey, president of Sabey Data Centers, “Sabey has a 40-year history of building secure, high-uptime work spaces for the nation’s defense industry, medical research, bio-tech and healthcare, and financial services sectors. Enterprise workforces that require an exceptionally high degree of physical protection and operational resiliency will be attracted to SDC Manhattan office space.”
Sabey Data Centers has designed the space as generator-backed, storm proof office space with larger than average clear heights and spectacular views. The space is being offered as a 24/7 workplace, ideally suited for technology, healthcare and biotech research or secure back office uses.
In addition, because the space is located within one of the nation’s largest data centers, it will offer virtually unlimited connectivity and capacity. Office tenants will have on-site access to Sabey Data Centers’ Meet Me Rooms and multiple telecommunications carriers, as well as the ability to separate their data center needs into a purpose built data center in the same building.
“The Internet economy is writing a whole new set of specifications for office space,” Sabey adds. “We are proud to be among the first developers to meet the needs of businesses that require very high levels of security, connectivity and 24/7 operational assets for their work forces.”