July 03, 2026 New Jersey
New Jersey lawmakers have passed a bill directing the state’s Board of Public Utilities to create a dedicated tariff for data centers with capacities of 50MW or more, aimed at protecting other ratepayers from rising costs linked to new developments. The legislation, S731, replaces an earlier...
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February 21, 2026 New Jersey
Local authorities in New Brunswick, New Jersey, voted on Wednesday against allowing the construction of a data center on a plot of land slated for redevelopment, instead requiring that a park be built on the site. The New Brunswick City Council was reviewing a proposal for the Jersey-Sandford...
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January 13, 2026 New Jersey
The New Jersey Senate has advanced a bill that would create new tariff classes for “large load” data centers in an effort to protect ratepayers in the state from cost increases.The bill, cosponsored by ten Democrat lawmakers, would require public electrical utilities in the state to submit...
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January 06, 2026 New Jersey
Stack Overflow, a question-and-answer website for computer programmers, has officially exited its data center in New Jersey as part of its cloud migration effort. Stack noted that for the past 16 years it had been operating out of a physical data center in which the site reliability engineer...
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December 01, 2025 New Jersey
NJFX is expanding its cable landing station and data center site in New Jersey. The firm said the move is supported by the execution of an electric utility load letter supported by a $3 million deposit, targeting power delivery by end of 2026. Bala Consulting Engineers is working with the company...
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November 29, 2025 New Jersey
Mac-based cloud infrastructure provider MacWeb has launched a new cloud region in New Jersey. The region gives customers access to cloud Mac mini and Mac Studio cluster nodes located near Manhattan and major network exchanges."Many application and AI engineers already develop on the Mac and want...
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January 09, 2025 New Jersey
Web hosting and managed service provider InterServer has selected 365 Data Centers as its colocation provider as it looks into expanding its offering in the New Jersey market. 365 has 20 data centers across the US, including multiple New Jersey locations such as Carlstadt and Bridgewater,...
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October 29, 2024 New Jersey
CoreWeave is expanding its data center footprint in New Jersey. According to local press, the company has signed a long-term lease with an Onyx Equities and Machine Investment Group partnership for the entirety of building 11 at The Northeast Science & Technology Center (NEST) in Kenilworth,...
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February 14, 2024 New Jersey
Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The property...
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November 29, 2023 DataBank
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. DataBank...
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November 16, 2023 DataBank
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...
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November 01, 2023 DataBank
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. It...
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September 22, 2023 DataBank
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...
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August 21, 2023 DataBank
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...
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May 04, 2023 DataBank
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 include...
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April 18, 2023 DataBank
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...
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April 07, 2023 DataBank
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...
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February 23, 2023 DataBank
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...
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October 27, 2022 DataBank
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 to...
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October 24, 2022 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,...
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