January 04, 2024 Iowa
Wells Fargo recently sold 7001 Westown Parkway and 1725 68th Street, which had been listed on its site for a combined $16.5 million, to commercial and residential brokerage WB Realty Co. A JLL sales brochure described the property as offering 36,230 square meters of office space, along with an...
Read more
November 20, 2023 San Francisco Bay Area
OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...
Read more
November 19, 2023 San Francisco Bay Area
OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...
Read more
August 08, 2023 San Francisco Bay Area
Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...
Read more
July 14, 2023 Cologix
Cologix is expanding its data center in Minneapolis, Minnesota, by adding a new data hall. With the new MIN5 data center now available for pre-leasing, the company has increased its presence in the Minneapolis, Minnesota, market. Located in the 511 Building carrier hotel, also known as the...
Read more
June 22, 2023 Toronto
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,...
Read more
June 16, 2023 Cologix
Cologix has announced the completion of its new 120 MW facility in Data Center Alley, Ashburn, Virginia. The three-story data center spans 455,000 sqft, and has already been pre-leased, to a tenant described as a 'major global technology company.' According to reports, the Scalelogix ASH1...
Read more
May 26, 2023 Cologix
Cologix started the construction of a new data center in Montréal, Canada. This week, the company revealed that construction has begun on its latest Scalelogix facility in Quebec. The MTL8 facility, located in Technoparc Montréal, will encompass 205,000 square feet and provide 21 megawatts of...
Read more
May 12, 2023 San Francisco Bay Area
This week, the San Jose City Council unanimously authorized plans for a sophisticated manufacturing complex and data centers in North San Jose. Denver-based STACK Infrastructure plans to destroy two industrial buildings on a nearly 10-acre parcel, including a former Olympus service center, and...
Read more
May 02, 2023 Montreal
Wiz has announced the launch of its new cloud data center in Montreal, Canada. The facility is to provide local and multinational organizations with faster, and more secure cloud security infrastructure and is also pegged to provide greater data sovereignty, while maintaining privacy...
Read more
April 25, 2023 Toronto
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 a...
Read more
April 20, 2023 Cologix
Asset-backed securities worth $144.7 million have been closed by Cologix. Through a private placement transaction that was completed on April 5, the North American and Canadian hyperscale Edge data center and network-neutral links provider made a deal with secured notes. Cologix's chief financial...
Read more
April 18, 2023 San Francisco Bay Area
Silicon Valley is experiencing a surge in the construction of data centers, according to a report by real estate services firm Cushman & Wakefield. At the end of last year, 17 new data centers were either under construction or in development, with a total planned area of 4.7 million square...
Read more
April 06, 2023 Ashburn: Data Center Alley
Direct Line Global has announced that it has signed the lease for a 17,040-square-foot research and development space within Ashburn Crossing, an 80-acre business park in Ashburn, Virginia. Through this move, the company has tripled its presence in the area. Speaking about this expansion, Vern...
Read more
April 06, 2023 San Francisco Bay Area
With the construction of its dark fiber network, Bandwidth Infrastructure Group (Bandwidth IG) is enhancing connection options for the San Francisco Bay Area's densely populated area of data centers. Critical fiber infrastructure is now available from Santa Clara in the San Francisco Bay Area to...
Read more
March 21, 2023 Cologix
Cologix has announced that customers can now deploy AWS Outposts at its VAN3 digital edge data center. The facility is a 42,000-square-foot data center, the region’s largest neutral data center. Through this addition, customers in Cologix’s Vancouver data centers will be able to connect to AWS...
Read more
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...
Read more
September 29, 2022 Montreal
Enovum Data Centers has announced that the first phase of its Montreal facility has been launched. It will soon begin its second phase. With 70,000 sqft of infrastructure and move-in space availability for a total of 187,500 sqft, the facility's first phase also has a capacity of 1.5 MW. Once...
Read more
September 05, 2022 San Francisco Bay Area
JLL and CIM Group have listed a new purpose-built data center for lease. The data center is located at 400 Paul Avenue in San Francisco, California. The data center offers 24MW of power across 182,250 square feet of two-story powered shell building on 7.3 acres. Per additional information in the...
Read more
July 13, 2022 Jacksonville
StratCap has announced the acquisition of a data center in Jacksonville, Florida. The company revealed that its data center real estate division, StratCap Data Centers bought a triple net leased data center for an undisclosed fee. The facility spans 2,400 square meters (25,600 square feet) and is...
Read more