Data Center News

Databank moves into Ashburn, Virginia

Databank has announced that it is breaking ground on a new facility in Ashburn, Northern Virginia. This data center, IAD3, will initially have a capacity of 4MW of capacity expandable to 40MW and will span 200,000 sq ft (18,600 sqm). According to the company, the facility will be ready for ser...

November 10, 2021

DataBank

DataBank announces it has started construction on sixth Salt Lake data center

DataBank has broken ground on its sixth Salt Lake data center, SLC6. The facility will see DataBank increase capacity to meet the increasing demand for mission-critical IT infrastructure in the Salt Lake City and Utah market. The site is located in Bluffdale, between Utah’s Silicon Slopes a...

August 30, 2021

DataBank

DataBank purchases existing building for fifth data center in Denver

DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it me...

July 27, 2021

DataBank

DataBank completes the expansion of its PIT2 data center in Pittsburgh

DataBank has expanded its PIT2 data center in Pittsburgh, Pennsylvania, by adding 25,000 square feet of raised floor space to the facility. The company also added an extra 2.5MW capacity to the facility to bring its total floor space and capacity to 40,000 square feet and 4.5MW respectively. T...

June 17, 2021

DataBank Pittsburgh PIT2

DataBank issues $658M of Secured Notes

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for gen...

March 12, 2021

DataBank

DataBank closes Acquisition of Zayo's data centers

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's facili...

December 15, 2020

DataBank

DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data cen...

September 30, 2020

DataBank

DataBank Commissioned its Second Data Center in Pittsburgh

DataBank has opened its second Pittsburgh data center in North Fayette Township, which it acquired from PNC Bank in January 2019. The PIT2 facility, DataBank’s second in the Pittsburgh area, brings the company’s total data center count to 20 facilities in nine markets.

June 26, 2020

DataBank Pittsburgh PIT2

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existi...

January 06, 2020

DataBank

DataBank Announces Acquisition of PNC Bank’s Pittsburgh Data Center Through Strategic Sale-Leaseback Transaction (PR)

Dallas, Texas – DataBank, a leading provider of enterprise-class data center, connectivity and managed services, announced today the acquisition of PNC Bank’s data center located in North Fayette Township near Pittsburgh, PA. This marks DataBank’s second data center in the Pittsburgh market a...

January 30, 2019

DataBank Pittsburgh PIT2

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