Data Center News

RadiusDC acquires data center in Miami

RadiusDC this week announced the acquisition of Miami I in the Sweetwater area of the city from NextStream, a data center operator in Latin America owned by Actis. RadiusDC said it plans to immediately expand the site's capacity from 3.2MW to 9.2MW. "We believe Miami I is an ideal asset to e...

August 14, 2024

Miami

InfiniG deploys in-building mobile coverage in Florida

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

July 09, 2024

Miami

DataBank raises capital for new data centers

DataBank has raised $533 million of capital to build new data centers through debt and equity. This brings the total funds raised by the company this year to $1.6 billion, with $715 million of secured notes issued in February and a $350 million credit facility announced later in March. DataBa...

November 29, 2023

DataBank

DataBank plans 192MW data center facility in Virginia

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design (UD...

November 16, 2023

DataBank

DataBank purchases new parcel in Atlanta, Georgia, for DC campus

US colocation provider DataBank recently purchased 95 acres of land near Lithia Springs within a mile of the 18 acres where it is already building its ATL4 facility in Atlanta, Georgia. The newly acquired parcel can accommodate two multi-story data centers totaling 1 million gross square feet....

November 01, 2023

DataBank

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

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

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

New Data Center Built For the Florida Fire Dept

A new fire station and data center are being built for a Florida fire department. The grand inauguration of Fire Rescue Station 50, a brand-new firehouse and emergency operations data center for the City of Marco Island, is scheduled for April 28. The fire station and data center are located o...

April 26, 2023

Miami

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

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

DataBank Secures $715m For Data Center Development

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and D...

February 23, 2023

DataBank

DataBank launches Salt Lake City data center

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity...

October 27, 2022

DataBank

IMCO Pumps $450 million in DataBank

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO...

October 24, 2022

DataBank

iM Data Centers Joins Sustainability Consortium

iM Data Centers, a manufacturer of modular data centers, has announced that it is joining the Infrastructure Masons (iMasons) Climate Accord (ICA), a collaboration between digital infrastructure companies that have come together to push forward carbon neutrality initiatives. According to Dean ...

September 05, 2022

Miami

Data Center in Florida Occupied By Sprint Up For Sale

A Sprint Telecom-occupied data center in Florida has been put up for sale. The data center is located at 360 S. Lake Destiny Drive, Orlando. According to a property listing, the data center spans 2,430 square meters (26,245 square feet). It also sits on a 3.11-acre of land. The facility cur...

August 23, 2022

Miami

iM Critical Opens Data Center in Miami

iM Critical has announced the opening of its new data center in Miami, Florida. The 9,290 square meter (100,000 square foot) data center building offers 5MW capacity and more than 5,575 square meters (60,000 square feet) of colocation space. The CEO of iM Critical, Michael Roark, said the Miam...

June 10, 2022

Miami

DataBank To Develop a 40MW Data Center at Newly Acquired Property

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. ...

May 18, 2022

DataBank

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

DataBank Is Expanding its SNA2 Facility

DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meter...

April 20, 2022

DataBank

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