Data Center News

Alligned Reveals New Brownfield Land Acquisition for DC Campus in Ohio

On September 25, 2023, Aligned Data Centers announced the acquisition of a new brownfield land in Perkins Township., Northeast Ohio. The firm purchased the 129-acre parcel to construct a new four-building hyperscale data center campus. Aligned said its NEO-01 data center, the first of the four...

September 28, 2023

Aligned

DigitalBridge completes DataBank recapitalization

DigitalBridge Group recently revealed the completion of DataBank's recapitalization. The Group announced that DigitalBridge received an additional funding of $219 million, bringing the total costs of the recapitalization to $2.2 billion. This completed recapitalization will bring about a separ...

September 22, 2023

DataBank

Old Verizon office and data center in Pittsburgh for sale/lease

Verizon's former Pittsburgh, Pennsylvania office and data center is available for purchase or lease. It has been put up for sale or lease by Colliers and Sampson Morris Group at 5400 Campbells Run Road. The 10-acre, 1959-built office and data facility features 130,000 rentable square feet and ...

August 29, 2023

Verizon Enterprise

45 Sprint switch facilities to be converted into colo data centers by Cogent

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...

August 22, 2023

Cogent Communications

DataBank completes seven data center expansion initiatives in the United States

DataBank has finished seven expansion initiatives throughout the United States. Over the weekend, the company announced the conclusion of seven data center projects in Dallas, Las Vegas, San Diego, Irvine, and Kansas City, in addition to two in Atlanta. In the past year, seven facilities have ...

August 21, 2023

DataBank

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Lumen Technologies

Mubadala makes an investment in Aligned Data Centers and acquires a minority stake

Mubadala Investment Company, the sovereign investment branch of Abu Dhabi, has invested in Aligned Data Centers. Mubadala will become a minority shareholder in the U.S. company, although the scale of the investment was not disclosed. Macquarie Asset Management remains the majority shareholder ...

August 02, 2023

Aligned

StratCap acquires digital infrastructure assets worth $90 million

StratCap has acquired essential digital infrastructure assets worth roughly $90 million, which include 13 cell towers and a data center. The acquisition was announced during the company's recent Q2 earnings report. StratCap has acquired cell towers in Missouri, Florida, Wisconsin, Tennessee, a...

July 14, 2023

StratCap Data Centers

H5 Data Centers to expand its Phoenix data center

H5 Data Centers has announced a 30,000 sqft expansion of its Phoenix colocation facility. Located at 2600 W. Germann Road in Chandler, AZ, this expansion is part of the company's third phase of development at the 180,000-square-foot data center.Further to this square-footage expansion, phase ...

July 04, 2023

H5 Data Centers

Loblaw former data center in Canada bought by Grain & StratCap

Grain Management and StratCap bought a data center on the Canadian outskirts of Toronto. This week, the firms announced the formation of a joint venture to purchase 55 Hereford Street in Brampton, Ontario. The terms of the transaction were not disclosed, but per the joint venture contract, Str...

June 22, 2023

Toronto

Aligned Data Centers Concludes the Purchase of Odata

Odata, a LATAM provider of data centers, has been fully acquired by Aligned Data Centers. According to Aligned, the transaction places the company among the biggest private data center owners in the Americas, with more than 2.5GW of critical capacity throughout over 40 data centers at full bui...

May 25, 2023

Aligned

Aligned Gets Maryland Data Center Planning Permission

Planning approval has been given for Aligned Data Centers to build a data center on the enormous Quantum Loophole campus in Frederick County, Maryland. Last week, the Frederick County Planning Commission authorized the initial site plan for the Quantum Loophole campus's first data center. The ...

May 18, 2023

Aligned

Aligned Data Centers Enters Canada, Invests In QScale

Aligned Data Centers has invested in the Canadian company QScale. The "strategic investment" received "strong support" from existing shareholders, according to QScale. The scale of the investment was not disclosed; however, it is described as a "major financing round" and is anticipated to cl...

May 09, 2023

Aligned

DataBank Begins Construction of a New Data Facility in Atlanta, Georgia

DataBank has begun constructing a new data center in Atlanta, Georgia, and has completed an expansion in San Diego, California.The US-based business announced the start of construction on its ATL4 data center in Atlanta last week. The colocation facility, located at 200 Selig Drive, will incl...

May 04, 2023

DataBank

DataBank to expand one of its Seattle, Washington facilities

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW.“We decided to expand our footprint in the Seattle area based on how fast its digital...

April 18, 2023

DataBank

Aligned Acquires 177k Sq. Ft. Office Building in Chicago for New Data Center Campus

Aligned bought an office property in the Chicago, Illinois neighborhood of Elk Grove. It is currently unknown whether the company intends to convert the facility occupied by CitiBank into a data center. The Real Deal reports, citing Cook County public records, that Aligned purchased 50 Nort...

April 18, 2023

Aligned

StratCap Expands Data Center Portfolio with Acquisition of Two US Facilities

StratCap, a privately held investment firm, has acquired two data centers in the United States. The data centers, located in California and Missouri, were purchased for an undisclosed amount. StratCap acquired in Santa Clara, California, a purpose-built data center that is 100 percent leased t...

April 18, 2023

California

Aligned joins the U.S. Environmental Protection Agency’s Green Power Partnership

Aligned Data Centers has announced that it has joined the U.S. Environmental Protection Agency's Green Power Partnership, which aims to encourage organizations to voluntarily utilize green power for the benefit of the planet and human health. Through signing up for the Green Power Partnership...

April 11, 2023

Aligned

DataBank Obtains Credit Facility of $325 Million

To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The ...

April 07, 2023

DataBank

Construction of H5's Ashburn, VA Data Center Begins

After dismantling the former data center there, H5 Data Centers has started construction on a new one in Ashburn, Virginia. This week, the company started building a 255,000-square-foot, three-story data center with a 42-megawatt capacity. The building is offered for pre-leasing at Loudoun Cou...

March 22, 2023

H5 Data Centers

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