Data Center News

Data Center Asset Sale on The Table From Allied Properties

As doubt spreads about the future of office buildings, Allied Properties Real Estate Investment Trust, a landlord to corporations like Google and Morgan Stanley, is strengthening its financial sheet. According to Chief Executive Officer Michael Emory, the Canadian firm is generating a lot of i...

March 03, 2023

Allied Properties REIT

Allied Properties REIT Planning to Sell its Toronto Data Center Portfolio

Allied Properties REIT is looking to sell its data center portfolio in Toronto. The company announced that it is exploring options for a sale of the portfolio. Allied REIT currently owns three data center facilities in downtown Toronto. The properties also include the 151 Front Street West ...

November 25, 2022

Allied Properties REIT

Spencer Building Carrier Hotel to build data center in Harbour Centre

Spencer Building Carrier Hotel is to build a new facility in Vancouver's Harbour Centre. When fully built out, the company says the facility will span 43,000 sqft, with a capacity of 10MW, supporting 20kW+ per cabinet, and over 20,000 connected fibers. According to Director of Data Center ...

January 19, 2022

Vancouver

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