CoreSpace to move HQ to Dallas from Las Vegas
Monday, March 5, 2012
Dallas Business Journal – by Candace Carlisle
CoreSpace Inc., a dedicated server and colocation data service provider, is relocating its headquarters to Dallas from Las Vegas.
The data center provider has bought a 30,000-square-foot building at 7505 John Carpenter Freeway, near the intersection of State Highway 183 and Mockingbird Lane in Dallas.
Dallas is the perfect launch pad for CoreSpace’s expansion efforts, said Mark Wulff, vice president of operations at CoreSpace.
“A city, if it’s not business friendly, can make or break you,” Wulff said. “Dallas has been very business friendly and for a small business like us, it’s critical.”
North Texas’ wide variety of technical employees, coupled with a strong power grid and well-priced real estate made it an easy decision to move CoreSpace’s headquarters to Texas when it acquired the John Carpenter Freeway building, he said.
“Dallas has extremely strong networking and rack space,” Wulff said, adding that he’s already shopping for a second building in North Texas to fuel CoreSpace’s expansion efforts.
The data center provider has 12 locations throughout the United States, as well as large operations in California.
CoreSpace has hired 15 employees in Dallas, and is continuing its hiring efforts until there’s roughly 20 corporate employees.
The financial details of the real estate deal were undisclosed.
Phil Rosenfeld, Tom Pearson and Matt Thompson of Colliers International’s Dallas office represented CoreSpace in its real estate search.
“The building had unique fiber power, which made it attractive for CoreSpace to buy the property,” Pearson said.
CoreSpace began as a small business that offered a low cost hosting solution, and over time has built a national presence.
The data center provider plans to move into its new headquarters on June 1, after upgrades to the building are finished and CoreSpace has completed its migration of 2,500 customers down to Dallas.
GE is one of the companies that CoreSpace has partnered with to help make the building run more efficiently.