Data Center News

Material and labor shortages in the data center

As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,' constru...

June 14, 2022

San Francisco Bay Area

GI Partners Buys Sentinel's 22262 Cloud Plaza in Sterling, Virginia

GI Partners has completed the acquisition of a data center in Sterling, Virginia. The investment firm announced that it acquired the 22262 Cloud Plaza from Sentinel Data Centers. The companies did not reveal the terms of the deal. 22262 Cloud Plaza was first launched and fully commissioned ...

May 19, 2022

GI Partners

GI Partners secures $390m refinancing for One Wilshire carrier hotel in LA

JLL’s Capital Markets Group has announced that it has helped GI Partners refinance the One Wilshire carrier hotel in California. The group said it arranged a $390 million refinancing for One Wilshire’s 30-story, multi-tenant, 660,000 square foot data center and office building. Executive ...

January 21, 2022

One Wilshire Building

GI Partners completes the acquisition of LightEdge

GI Partners has completed the acquisition of Des Moines-based colocation provider LightEdge. LightEdge operates seven data centers in Kansas City, Des Moines, Raleigh, Austin, and Omaha. Anschutz Corporation has owned the majority of the firm since 2018. CEO of LightEdge, Jim Masterson, sai...

September 14, 2021

GI Partners

GI Partners new ETS Fund to target data centers and life sciences

GI Partners has launched the GI Real Estate Essential Tech + Science Fund (ETS Fund), which will look to acquire data center properties and life sciences assets. The fund will also focus on always-on R&D facilities in the office and industrial sectors. Former president of Infomart, John...

July 14, 2021

GI Partners

GI Partners Acquires KOMO Plaza in Seattle, Washington

SAN FRANCISCO, Jan. 5, 2017 /PRNewswire/ -- GI Partners ("GI"), a leading alternative asset manager, announced today it has acquired KOMO Plaza, a state-of-the-art carrier hotel and data center facility located at 100 and 140 Fourth Avenue North in Seattle, Washington for $276 million. The high...

January 06, 2017

KOMO Plaza (was Fisher Plaza)

One Wilshire is Expanding Power Capaicty to 28MW

One Wilshire badly needed a power upgrade. The upgrade will allow for current colo operators such as CoreSite or a new tenant to start providing service in the best connected building on the West Coast. Excerpts from the DCF article. Source: <a href="http://datacenterfrontier.com/one-wilshire-ma...

November 23, 2016

One Wilshire Building

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