401 North Broad Street data centers get $70M in upgrades - Technical.ly Philly

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Mar. 10, 2014 9:30 am

401 North Broad Street data centers get $70M in upgrades

401 North Broad Street, home to one of Wayne-based Sungard Availability Services‘ data centers, is getting $70 million in upgrades, the Philadelphia Inquirer reported. Sungard occupies 50 percent of the building, which is also 30 percent vacant, according to the report.

Read more here.

The 11-story, 1.3 million square foot building was recently purchased for an undisclosed amount by New York-based real estate investment firm Amerimar Enterprises, according to a release.

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