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T5 Services and T5 Properties will operate as independent organizations under the T5 umbrella, each with its own leadership and focus. T5 Services, led by Tom Mertz, will concentrate on high-performance data center facilities, while T5 Properties, headed by Peter Almond, will manage asset development and capital planning. This restructuring aims to improve operational focus and accountability in light of the company's growth, with changes expected to be implemented in the coming months.