Data Center News

Read DataBank Raises $2bn for Dallas Data Center Buildout
DataBank Raises $2bn for Dallas Data Center Buildout

DataBank Raises $2bn for Dallas Data Center Buildout

April 22, 2026 Dallas

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represents...

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Read Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park
Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

June 18, 2025 Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential. “This particular piece of...

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

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

August 22, 2023 Cogent Communications

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...

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Read Fort Worth Data Center For Sale Following Bankruptcy
Fort Worth Data Center For Sale Following Bankruptcy

Fort Worth Data Center For Sale Following Bankruptcy

February 02, 2023 Dallas

Following a bankruptcy filing, a recently converted data center is for auction. This week, Hilco Real Estate declared March 23, 2023, as the deadline for qualifying bids for the Chapter 11 bankruptcy sale of a newly converted flex industrial facility into a data center. Built in 2018 on a...

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Read T-Mobile Sells Data Center and Wireline Business to Cogent for $1
T-Mobile Sells Data Center and Wireline Business to Cogent for $1

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

September 26, 2022 Cogent Communications

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the...

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Read Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility
Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

May 09, 2022 Cogent Communications

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter...

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