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 Data center firms announce $5bn data center JV for CoreWeave
Data center firms announce $5bn data center JV for CoreWeave

Data center firms announce $5bn data center JV for CoreWeave

September 01, 2024 Chirisa Investments

Data center firms Chirisa and PowerHouse are partnering with asset manager Blue Owl for a multi-billion-dollar joint venture to build data centers for AI cloud firm CoreWeave. The agreement is intended as the first stage of a partnership with capacity to deploy up to $5 billion of capital for...

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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 Old Capital One facility offered by Chirisa to hyperscalers
Old Capital One facility offered by Chirisa to hyperscalers

Old Capital One facility offered by Chirisa to hyperscalers

June 07, 2023 Chirisa Investments

A former Capital One facility in Chester, Virginia, is being marketed by Chirisa to hyperscalers. Chirisa Technology Parks, a subsidiary of Chirisa that was recently established, lists the facility located at 1401 Meadowville Technology Pkwy outside of Richmond on its official website as...

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Read Chirisa acquires Piscataway facility from Equinix
Chirisa acquires Piscataway facility from Equinix

Chirisa acquires Piscataway facility from Equinix

August 16, 2019 Chirisa Investments

Chirisa Investments announced it has closed on Piscataway New Jersey facility owned by Equinix. The facility formerly known as Equinix NY12 was previously acquired in May 2017 in a large 28 data center deal with Verizon. The facility is located at 201B Centennial Avenue in Piscataway NJ and is a...

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