Data Center News

Read Centersquare sued by investment manager CenterSquare
Centersquare sued by investment manager CenterSquare

Centersquare sued by investment manager CenterSquare

December 20, 2024 Philadelphia

Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit from...

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Read Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania
Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

July 07, 2023 Philadelphia

Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will be...

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Read Harrison Street & 1547 CSR Buys Texas Carrier Hotel
Harrison Street & 1547 CSR Buys Texas Carrier Hotel

Harrison Street & 1547 CSR Buys Texas Carrier Hotel

January 02, 2023 1547 Critical Systems Realty (fifteenfortyseven)

In McAllen, Texas, Fifteenfortyseven Critical Systems Realty (1547) and Harrison Street have bought a carrier hotel. The two corporations have acquired Chase Tower in McAllen, a 17-story building with a total area of around 209,000 square feet. The specifics of the transaction were not made...

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Read 1547 CSR Has Plans For a 150MW Facility in Pennsylvania
1547 CSR Has Plans For a 150MW Facility in Pennsylvania

1547 CSR Has Plans For a 150MW Facility in Pennsylvania

September 05, 2022 1547 Critical Systems Realty (fifteenfortyseven)

Fifteenfortyseven Critical Systems Realty (1547) has plans for a large data center campus in Pennsylvania. The company partnered with Green Fig Land Company (GFLC), a real estate company, to acquire over 100 acres of land to develop a data center campus. The data center will span 2 million square...

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Read CIM Group sells four data centers to 1547 and Harrison Street Real Estate Capital
CIM Group sells four data centers to 1547 and Harrison Street Real Estate Capital

CIM Group sells four data centers to 1547 and Harrison Street Real Estate Capital

November 05, 2021 1547 Critical Systems Realty (fifteenfortyseven)

CIM Group has completed the sale of four US data centers. The Real estate firm owned the portfolio of data centers with fifteenfortyseven Critical Systems Realty (1547). Harrison Street Real Estate Capital and 1547 bought the facilities from CIM Group. The facilities are located in Cheyenne,...

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Read Valterra Partners & 1547 CSR acquire Miami-based ColoHouse
Valterra Partners & 1547 CSR acquire Miami-based ColoHouse

Valterra Partners & 1547 CSR acquire Miami-based ColoHouse

June 09, 2021 1547 Critical Systems Realty (fifteenfortyseven)

Valterra Partners LLC and Fifteenfortyseven Critical Systems Realty LLC have acquired ColoHouse, a managed service provider with headquarters in Miami, Florida. Valterra Partners is an equity firm, while Fifteenfortyseven Critical Systems Realty is a data center Company. The deal also includes...

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