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Cologix CIM Group form JV to develop data center
Transactions - FEBRUARY 23, 2022

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Cologix CIM Group form JV to develop data center

by Released

Cologix and CIM Group have formed a joint venture to construct and operate TOR4, a 50,000-square-foot purpose-built data center in Markham, Ontario, near downtown Toronto. The joint venture has pre-leased a significant anchor tenant for the facility.

Located adjacent to CIM Group’s 105 Clegg data center, TOR4 will offer 15 megawatts of power and diverse dark-fiber connectivity between TOR4 and Cologix’s TOR1 at 151 Front St. W., Canada’s largest and most important carrier hotel.  The TOR4 Scalelogix data center will offer flexible design options to support current and future customer requirements to build and scale operations in response to the growing cloud edge in Canada. Through Cologix’s ecosystem, Toronto customers gain access to 160-plus networks, 50-plus cloud providers and on-ramps to Amazon Web Services® Direct Connect, Google Cloud Platform, Microsoft® Azure ExpressRoute, IBM Cloud and Oracle FastConnect.

“CIM has identified data centers as a s

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