Press release from Business Wire
PEER 1 Hosting Signs Lease in San Antonio's Pearl
<p class='bwalignc'> <i>Office Move Reaffirms Commitment to Employees and Signifies Organic Growth</i> </p>
Monday, July 29, 2013
PEER 1 Hosting Signs Lease in San Antonio's Pearl16:13 EDT Monday, July 29, 2013
SAN ANTONIO (Business Wire) -- PEER 1 Hosting, the global web infrastructure and cloud hosting provider, today announced that it has signed a 10-year commercial lease to rent 25,000 square feet at San Antonio's Pearl. PEER 1 Hosting is committed to being the most human company on the web and believes that every interaction – with its employees, customers, partners and more – matters. The move, which more than quadruples the company's current space, to San Antonio's most up-and-coming area, underpins PEER 1 Hosting's dedication to its people, as well as its rapid growth. With perks such as a weekly farmers' market, park access, new and popular restaurants, concerts and more, Pearl is a desirable location that provides many exciting opportunities for current and future employees.
“PEER 1 Hosting believes that every interaction matters, and that starts with a deep commitment to our employees,” said Robert Miggins, SVP of business development, PEER 1 Hosting. “We are proud of our organic growth and need additional space to support it in San Antonio. Beyond that, we want to keep our employees motivated and excited to come to work each day with an office location that offers both professional and personal advantages. We are absolutely thrilled to move to Pearl and to be in the heart of San Antonio's newest hotspot.”
PEER 1 Hosting, which is headquartered in Vancouver, British Columbia, is an IT hosting provider that specializes in managed hosting, dedicated hosting, colocation and cloud hosting. PEER1 Hosting has 540 employees worldwide, including about 100 employees locally.
“We are excited to welcome PEER 1 Hosting to Pearl, and are confident that its employees will enjoy their new office location in one of our city's most exciting neighborhoods,” said Elizabeth Fauerso, Chief Marketing Officer, Pearl. “PEER 1 Hosting is exactly the kind of company we want to bring to Pearl – a growing, innovative company that is committed to the San Antonio community. We are proud that it chose to call Pearl its home.”
Originally built to house the Pearl Brewery, today Pearl is a 22-acre urban neighborhood two miles from the center of downtown San Antonio and adjacent to the northern Riverwalk. With both commercial and residential space, Pearl is a vital part of the transformation of the Broadway corridor and the Riverwalk extension. Pearl is home to the Culinary Institute of America, award-winning restaurants and an independent and unique mix of retail, services and educational organizations.
About PEER 1 Hosting
PEER 1 Hosting, a wholly-owned subsidiary of Cogeco Cable Inc. (TSX: CCA), is one of the world's leading Web hosting providers, specializing in Managed Hosting, Dedicated Servers, Colocation and Cloud Services. Based in Vancouver, Canada, with European operations headquartered in Southampton, UK, the company has been serving commercial customer needs since 1999. PEER 1 Hosting is built on two obsessions: Ping & People. ‘Ping' represents its commitment to best-in-breed technology, founded on a high performance 10Gbps FastFiber Network(tm) connected by 20 state-of-the-art data centers. ‘People' represents its commitment to delivering outstanding customer service to its more than 13,000 customers worldwide, backed by a 100 per cent uptime guarantee. For more information visit: http://www.peer1.com.
Natalie Silva, 210-798-4424
Elizabeth Fauerso, 210-236-4204