Data Center News

Lincoln Rackhouse and Principal Real Estate Investors Acquire 7MW Data Center in Atlanta

Principal Real Estate Investors and Lincoln Rack have acquired a data center in Atlanta. The data center spans 185,000 square feet (17,200 square meters). It also sits on 38 acres of land. The facility has a capacity of 7MW. It can also be expanded to 13MW upon full build out. According to ...

August 12, 2022

Lincoln Property Company

TierPoint announces completion of new data center in St. Louis, Missouri

TierPoint has announced that its St. Louis data center in Missouri, which was announced back in September 2021, is complete. The facility, spanning 23,000 sqft (2,100 sqm), is a Tier III-quality facility that offers 14,500 sq ft (1,350 sqm) of production or raised floor space.The facility saw...

August 05, 2022

TierPoint

Lincoln and Harrison Street To Develop a 144MW Data Center Campus on New Site in New Albany

Lincoln Property Company and Harrison Street have announced that they have broken ground on a new property in New Albany, Ohio. The two companies acquired a 190-acre site last month to develop a multi-use technology and distribution park. The park will be designed for data center and industria...

June 28, 2022

Lincoln Property Company

Lincoln Property Company & Harrison Street Form JV To Develop 144MW Campus

Investment and real estate firms Harrison Street and Lincoln Property Company plan to develop an industrial campus and data center in New Albany, Ohio. Both companies have formed a joint venture for this purpose. The JV has purchased a 190-acre site to develop a multipurpose technology and dis...

May 19, 2022

Ohio

Argo Infrastructure Partners Invests $500m in TierPoint

TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...

March 02, 2022

TierPoint

Verizon signs seven Power Purchase Agreements

As it expands its usage of green energy, Verizon, has announced that it has signed seven new Power Purchase Agreements (PPAs) for renewable energy representing 910MW. The company's sustainability goals are to have carbon neutrality across all its operations (scope 1 and 2) by 2035.Renewable En...

January 22, 2022

Verizon Enterprise

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Lumen Technologies

Verizon expands in Colorado Springs

Verizon has announced that it is expanding its digital footprint with the addition of a second data center in Colorado Springs. The company has submitted a proposal for a 49,000 square-foot (4,500 sqm) data center on Arrowswest Drive in El Paso County, with plans for a potential second phase ...

January 18, 2022

Verizon Enterprise

Expedient acquires data center in Phoenix, Arizona

Expedient has acquired a data center in Phoenix, which Blue Cross Shield formerly owned. The facility it acquired is located at 2475 West Townley Avenue. It is a 2.4MW capacity data center with 45,000 square feet of space. Expedient says the facility was built to Tier III standards. Expedient’...

November 03, 2021

Expedient Data Centers

Expedient expands with Addition of New Milwaukee Data Center

Expedient has acquired a new data center in Franklin City, Wisconsin. The facility has 28,500 square feet of space, and it offers 1.2MW of critical power. It also has the capacity for over 8,000 physical servers. The facility will help Expedient serve its growing customer demand for cloud-b...

October 21, 2021

Expedient Data Centers

TierPoint to build new data center in Missouri

TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secur...

September 10, 2021

TierPoint

Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...

September 07, 2021

Lumen Technologies

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

Bailard sells Comcast-occupied data center in Maryland for $14.85 million

Bailard, an investment management firm, just sold a data center and office property in Maryland for $14.85 million. It is a two-story 66,000 square-foot property currently occupied by Comcast. The building is also located at 8031 Corporate Drive in White Marsh, Maryland.CEO of Bailard Real Est...

July 08, 2021

Comcast Nottingham

TierPoint Raises $320 Million from Consortium of Investors (PR)

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by m...

March 24, 2020

TierPoint

AMP Capital acquires Expedient Data Centers

AMP Capital, An Australian investment firm, has acquired Expedient from Landmark Media Enterprises, the company's current investor. Expedient is an Infrastructure-as-a-Service business focused on colocation, cloud, managed services and networks with a base of over 1,200 customers. Terms were n...

October 23, 2019

Expedient Data Centers

Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

Lincoln Rackhouse is selling service related line of business that it acquired when it bought Bytegrid two months ago. Rackhouse is selling the colocation, hosting, and managed services products that Bytegrid formerly managed. Rackhouse will maintain the data centers and will focus on its miss...

July 23, 2019

Lincoln Property Company

Agile Data Sites Partners with Lincoln Rackhouse to Acquire Bytegrid’s Former Assets and Clients and Expand its Data Center Portfolio in Key Markets (PR)

Acquiring Bytegrid’s Former Book of Business Will Extend Agile Data Sites’ Footprint in Washington, D.C. and Establish a Presence in the Chicago, IL MarketDALLAS--(BUSINESS WIRE)--Agile Data Sites, a provider of modern, scalable, and secure IT infrastructure solutions, announces that it is pa...

July 23, 2019

DataBridge Sites

Bytegrid is Acquired by Lincoln Rackhouse

Lincoln Rackhouse has announced that has acquired Bytegrid. With the acquisition, Rackhouse adds 3 facilities and a total of 320,000 square feet and 16 megawatts of power to its portfolio. Resources and Links Rackhouse Press Release (full text below) DCF Article DCD Article Rackhouse Pr...

May 07, 2019

Lincoln Property Company

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