Data Center News

Cryptominer Hive Digital acquires Toronto data center

Crypto firm Hive Digital this week announced the signing of a purchase and sale agreement to acquire a facility with 7.2MW of installed capacity. Hive said the acquisition will support the development of a “sovereign Canadian AI ecosystem” through its wholly owned subsidiary, Buzz High Perform...

June 25, 2025

Toronto

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

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

Serverspace Establish New Data Centers Around the World

Leading cloud provider Serverspace is pleased to announce the installation of hardware in an innovative data center in Toronto, Canada. With current facilities in five other nations, this facility represents Serverspace's sixth international location. The new data center's equipment is kept in...

April 25, 2023

Toronto

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

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 ...

September 26, 2022

Cogent Communications

Cloud at Work Opens New Data Center in Toronto

Cloud at Work has announced the launch of a new data center in Toronto, Canada. The move sees the company expand into the Canadian market as it already has two world-class data centers in the US. According to Cloud at Work, the new facility will ensure that its customers in Canada have access ...

June 15, 2022

Toronto

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

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 ...

May 09, 2022

Miami

Intermarket seeks approval for 100,000 square feet data center in Canada

Intermarket Properties wants to build a data center in Cambridge, Canada. According to Canada Construct Connect, the Company is seeking approval for a 100,000 square feet data center. The proposed data center site is a 40 acre Waterloo Corporate Campus with mixed-use redevelopment that consist...

June 21, 2021

Toronto

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