Sep 14, 2023 | Posted by Abdul-Rahman Oladimeji | Detroit
A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m.“This building is extremely well maintain...
Aug 22, 2023 | Posted by Abdul-Rahman Oladimeji | Cogent Communications
Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...
Nov 18, 2022 | Posted by Abdul-Rahman Oladimeji | Detroit
Real estate company Bedrock has announced its plan for a new carrier hotel data center in Detroit, Michigan. The company said it is partnering with Raeden, a digital infrastructure platform provider, to launch the independent carrier hotel in the city. The new carrier hotel will be located on ...
Sep 26, 2022 | Posted by Abdul-Rahman Oladimeji | Cogent Communications
Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...
May 09, 2022 | Posted by Abdul-Rahman Oladimeji | Cogent Communications
Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...