Data Center News

Johnson Controls sells Air Distribution Technologies unit

Johnson Controls this week announced it had reached a definitive agreement to sell its Air Distribution Technologies business to Truelink, a middle-market private equity firm based in Los Angeles. The brands included in this sale are Koch Filter, Titus, Ruskin, Krueger, PennBarry, and Tuttle ...

June 21, 2024

Abdul-Rahman Oladimeji

Los Angeles

CoreSite plans new facilities in Secaucus and Denver

American Tower subsidiary CoreSite revealed its plans to expand its data center footprints in New Jersey and Colorado. The company revealed that it is already making plans for a data center in New Jersey which will be located adjacent to its NY2 facility at 2 Emerson Lane in Secaucus. It has a...

December 15, 2023

Abdul-Rahman Oladimeji

CoreSite

Stonepeak Announces $570m Investment in CoreSite

Investment company Stonepeak has increased its investment in CoreSite by $570m. The data center company was acquired in 2021 by American Tower Corporation for $10 billion. After the acquisition, Stonepeak invested $2.5 billion in the data center company in the summer. Stonepeak’s new investmen...

October 31, 2022

Abdul-Rahman Oladimeji

CoreSite

CoreSite Acquires Hurricane Resistant Data Center in Miami, Florida

CoreSite has announced the acquisition of a data center in Miami, Florida. The data center acquired is a purpose-built 9,550 square meter (103,000 square feet) facility located at 2100 NW 84th Avenue. The company didn’t reveal the terms of the transaction. CoreSite is naming the new data ce...

October 05, 2022

Abdul-Rahman Oladimeji

CoreSite

Stonepeak Acquiring Stake in American Tower's CoreSite For $2.5bn

Stonepeak has revealed that it is acquiring a 29 percent stake in American Tower’s Coresite data center business. The investment firm will pay $2.5 billion for the stake in the business. The deal is expected to close in Q3 2022, subject to customary closing conditions. According to an annou...

July 15, 2022

Abdul-Rahman Oladimeji

CoreSite

CoreSite Absorbs Three American Tower's Data Centers

CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta)...

June 09, 2022

Abdul-Rahman Oladimeji

CoreSite

CoreSite Is Developing a 34MW Facility in Silicon Valley

CoreSite has announced that it has gotten approval from Santa Clara’s Planning Commission for the development of a 200,000 square foot (18,500 square meters) 34MW data center in Silicon Valley. The facility is located at 2905 Stender Way. Coresite only got the approval after going through d...

March 04, 2022

Abdul-Rahman Oladimeji

CoreSite

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Com...

December 01, 2021

CoreSite

CoreSite exploring sale

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite ha...

November 12, 2021

Abdul-Rahman Oladimeji

CoreSite

CoreSite launches LA3

CoreSite has officially launched LA3, which was built in the parking lot of LA2 at 900 N Alameda. LA2 has an interesting history as it was that was built in 1940 as a Postal Annex and it was the central mail processing facility for the Los Angeles metro until 1989. The LA2/LA3 campus is conne...

December 02, 2020

Eric Bell

CoreSite LA3

CoreSite raises $150 million in debt offering

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

May 06, 2020

Eric Bell

CoreSite

CoreSite Attains HIPPA Compliance for 16 data centers

Buiness Wire Press Release LinkCoreSite Realty Corporation Successfully Attains HIPAA Compliance ValidationDENVER--(BUSINESS WIRE)--CoreS...

August 26, 2016

Eric Advinci

CoreSite

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