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Today, voice peering is used to route audio call signals from one point of service to another, using the Internet for transmission. Often referred to as VoIP peering, the routing of the signal bypasses the traditional Public Switching Telephone Network (PSTN), resulting in a signal that has high sound quality without a high cost from the call originator.

Since Jamestown Properties purchased a 241,000-square-foot office building located at 325 Hudson St. in New York City’s Hudson Square area for $110 million with Amerimar Enterprises and Hunter Newby (News - Alert), the partners have begun first phase development of the new carrier-neutral core interconnection facility.

With access to transatlantic cables and major metro and regional fiber providers this new building, according to Shrihari Pandit (News - Alert) of Stealth Communications, may be a major voice peering hub in NYC as it offers telecommunication features including floors that can support 200 to 250 pounds and 12-foot ceilings.

“With New York City’s rising demand for connectivity driven by Internet services and application development, Jamestown is proud to draw on the legacy of innovation in this space that began with our investments at 111 8th Avenue and Chelsea Market,” said Michael Phillips, COO of Jamestown, in a statement. 

An industrial building in 1998, 325 Hudson was redeveloped into a telecommunications center and acquired by the partnership earlier this year. Located in NYC’s prime telecom center with connectivity to transatlantic cables and the fiber-dense Hudson Street corridor, the building has key features including heavy floor loading capacity, 12-foot ceilings, HVAC, power, and even back-up power supply.

The New York and New Jersey Metro markets have needed carrier-neutral connectivity options. So, 325 Hudson Street and the building’s Meet Me Room, an area where customers can make physical interconnections with one another, will provide a reliable neutral environment for global network operators to thrive in NYC.

Over the years, Jamestown Properties has provided acquisitions and value added management, generating about $8 billion in strategic investments, focusing across the risk spectrum with core, core-plus and opportunistic funds in two primary markets including 24-hour cities and Sunbelt territories with strong demographic growth.  

Amerimar Enterprises, a real estate firm recognized for renovation and repositioning of office, hotel, retail, and multi-family properties throughout the U.S. and U.K., has acquired over 50 properties totaling 10.5 million square feet of office, 870,000 square feet of retail, 3,200 hotel rooms and 2,600 residential units.

Jerry Marshall, president and CEO of Amerimar added, “The initial response from the carrier community has been overwhelmingly positive and we look forward to continuing to sign up new customers as we forge ahead to a Spring 2013 completion of the first phase of our expanded Meet Me Room."