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S&P 500 Real Estate Giant Essex Property Trust Uses Panzura File Locking for Cross-Office Collaboration

CAMPBELL, CA — (Marketwired) — 02/19/15 — , the pioneer of next generation enterprise storage infrastructure for the cloud era, today announced that leading West Coast real estate investment trust, , has seen tremendous cross-site collaboration benefits and storage savings with Panzura–s global file system with patented global file locking. Essex sought the need for file locking technology after having implemented a system from Nasuni that did not provide this benefit, and ultimately created more work for users — duplicate files constantly needed to be merged.

Essex realized speedy results from switching to Panzura from its previous vendor, including:

1. File locking notifies users when others are in a document, preventing changes being made until the “lock” is granted;

2. Offices no longer have “islands of data” — team members in each site running Panzura see one set of data stored in one central cloud storage system;

3. Users no longer have to physically merge data and files at the end of each day;

4. Changes to files are now available to team members in different offices in real-time; and,

5. Files are backed up automatically in real-time throughout the day as opposed to once per day.

“We tried many different products and people would initially tell us that they had a file locking system in place, but as we got deeper into the meetings and tried out the technology, it just wasn–t a file locking solution like Panzura,” said Sam Ghnaim, Director of IT at Essex. “Users are now getting local speed when opening files. Plus, we saw immediate benefits from a disaster recovery and back-up perspective.”

After success with the Panzura global file system across Essex–s offices, the Company expanded its Panzura deployment when it made its acquisition of BRE, the largest West Coast apartment company. Panzura was installed in the BRE data centers where it was immediately able to see and share files between two different, complex company networks. Essex and BRE employees were able to collaborate on files from day one, giving the acquisition a quick win.

“In the fast world of real estate, striking a deal can often come down to a matter of seconds. Wasting time downloading the documents agents need to finalize these transactions is simply not an option — technology needs to work instantly,” said Randy Chou, co-founder and CEO of Panzura. “Knowing that Panzura global file locking technology is part of the toolkit that helps Essex Property Trust be successful every day makes us extremely proud, and we look forward to our continued partnership with this top real estate investment team.”

Panzura is the catalyst in the transformation of cloud storage into high-performance enterprise file systems. Panzura–s revolutionary global locking file system seamlessly combines the flexibility, performance and productivity benefits of distributed storage with the manageability, security and economics of centralized storage.

With Panzura, the cloud — public or private — not only serves as every tier of storage, it becomes the fabric that enables globally distributed teams rapid file access and easy collaboration. Panzura delivers one file system across hundreds of offices that allows users to work together as if they were in the same room. For more information, visit .

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