Comcast Business Services delivers Metro Ethernet to real estate firm

Mon, 10/17/2011 - 5:22pm
Mike Robuck

Comcast Business Services has hooked up a real estate firm in the Denver suburb of Broomfield with its Business Class services.

Kennedy Wilson, which is an international real estate investment and services company headquartered in Beverly Hills, is now offering Comcast's data, which includes Metro Ethernet services, voice and television services, to its tenants at the El Dorado Ridge office park in Broomfield.

El Dorado Ridge currently consists of three facilities totaling approximately 326,000 square feet. El Dorado Ridge II is the first building to receive Comcast Business Class services, and plans are in place to expand to the other two buildings later this year.

"I expect that the rollout of Comcast Business Class will give our building a competitive advantage over other multi-tenant office buildings in the greater Denver market," said Mike Pepper, managing director at Kennedy Wilson Group. "A good portion of our tenants are technology-savvy, high-bandwidth users. After negotiating rental rates and terms with the landlord, their very next question is, 'Tell us about telecom services,' so having Comcast high-speed communications in our building will give us an advantage and give tenants the flexibility to choose from multiple providers."

Earlier this year, Comcast started offering Metro Ethernet services in more than 20 markets, including Denver, across the nation.

Last month, Comcast released the results of its 2011 State of Communications Services in Commercial Real Estate Survey, which polled nearly 500 commercial real estate owners and property managers across the country that are members of the Building Owners and Managers Association (BOMA).

Among other results, the survey found that high-bandwidth connections from services such as Metro Ethernet outweighed standard office amenities such as gyms and cafeterias when it came to picking an office location.

"As organizations increasingly adopt technologies such as cloud computing, software-as-a-service and business continuity/disaster recovery, a highly reliable network with scalable bandwidth capabilities is no longer a luxury but a business-critical necessity," said Terry Connell, senior vice president for Comcast Business Services. "As a prominent international real estate firm with locations across the nation, Kennedy Wilson understands the strategic value of providing high-quality communications services and the importance of providing the flexibility of choice to its tenants."



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