Data Center News

Read American Tower acquires CoreSite for $10.1 billion
American Tower acquires CoreSite for $10.1 billion

American Tower acquires CoreSite for $10.1 billion

November 16, 2021 CyrusOne

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said American...

Read more
Read CyrusOne to outsource the management of its US data centers to JLL
CyrusOne to outsource the management of its US data centers to JLL

CyrusOne to outsource the management of its US data centers to JLL

October 29, 2021 CyrusOne

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

Read more
Read DataBank acquires land for new data center campus in New York
DataBank acquires land for new data center campus in New York

DataBank acquires land for new data center campus in New York

October 05, 2021 DataBank Orangeburg LGA3

DataBank has announced that it has acquired 34 acres of land in Orangeburg, New York. The land it bought would be the home of its future data center in New York. Building the data center on the land will help the data center firm meet the increasing demand for mission-critical IT infrastructure...

Read more
Read CyrusOne exploring the sale of its company
CyrusOne exploring the sale of its company

CyrusOne exploring the sale of its company

September 29, 2021 CyrusOne

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment bank...

Read more
Read CyrusOne awarded for net water positive efforts
CyrusOne awarded for net water positive efforts

CyrusOne awarded for net water positive efforts

September 08, 2021 CyrusOne

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the...

Read more
Read A carbon-neutral future: Which companies are committing and delivering?
A carbon-neutral future: Which companies are committing and delivering?

A carbon-neutral future: Which companies are committing and delivering?

July 21, 2021 CyrusOne

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power. Increasingly, data center companies are waking up to the fact that...

Read more
Read Data center plans discussed for NRG Power Plant in Dunkirk, New Yorksite
Data center plans discussed for NRG Power Plant in Dunkirk, New Yorksite

Data center plans discussed for NRG Power Plant in Dunkirk, New Yorksite

June 20, 2021 Buffalo

Discussions have begun around the transformation of the disused NRG Power Plant in Dunkirk, New York, into a new data center. The 76-acre site was operational from the 1950s to 2015 has been pinned as a potential location in a report by the City of Dunkirk and Chautauqua County. Dunkirk is near...

Read more
Read Sabey secures $250 million refinancing deal for 375 Pearl Street
Sabey secures $250 million refinancing deal for 375 Pearl Street

Sabey secures $250 million refinancing deal for 375 Pearl Street

June 20, 2021 Sabey Intergate.Manhattan

Sabey has secured a $250 million refinancing deal for its office and data center at 375 Pearl Street, New York City. According to Commercial Observer, J.P. Morgan and Wells Fargo will be providing a $220 million, 10-year, fixed-rate CMBS loan and a further $30 million mezzanine debt. Sabey will...

Read more
Read CyrusOne’s European data center portfolio now 100 percent powered by renewable energy
CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

June 02, 2021 CyrusOne

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and this...

Read more
Read DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation
DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation

DivcoWest acquires New York carrier hotel in New York; H5 will manage interconnection and colocation

June 01, 2021 H5: 325 Hudson Street

DivcoWest, a real estate investment firm based in San Francisco, has announced that it has acquired a 10-story, mixed-used building carrier hotel from Jamestown Properties for $135 million. The building is located at 325 Hudson St., in Hudson Square. In concert with this transaction, H5 Data...

Read more
Read VPLS Acquires New York Data Center
VPLS Acquires New York Data Center

VPLS Acquires New York Data Center

March 09, 2021 Evocative Chappaqua JFK2

VPLS, a cloud-to-edge computing and solutions provider, announces today its successful partnership with Summit Development to oversee data center operations at the data center facility located at 480 N. Bedford Plaza in Chappaqua, New York. The Chappaqua data center will be known as NY2 within...

Read more
Read Sabey is adding 3.6 MW to Manhattan data center
Sabey is adding 3.6 MW to Manhattan data center

Sabey is adding 3.6 MW to Manhattan data center

June 18, 2020 Sabey Intergate.Manhattan

Sabey announced it was adding 3.6 megawatts to its Integrate.Manhattan facility. The construction will be completed by the end of the year.Intergate.Manhattan is Sabey Data Centers’ 1.1 million square foot building located in Lower Manhattan. It is a mixed used building with data...

Read more
Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

Read more
Read 365 Data Centers Acquires Commack, Long Island Data Center From mindSHIFT Technologies (PR)
365 Data Centers Acquires Commack, Long Island Data Center From mindSHIFT Technologies (PR)

365 Data Centers Acquires Commack, Long Island Data Center From mindSHIFT Technologies (PR)

February 04, 2020 365 Long Island LI1

mindSHIFT remains a managed IT infrastructure provider, continuing its commitment to local and national customers, and signs long-term colocation services agreement with 365. Norwalk, CT — 365 Data Centers, a leading provider of cloud, connectivity, and data center services for enterprise,...

Read more
Read CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)
CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

May 28, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil after...

Read more
Read CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY
CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

May 01, 2019 CyrusOne

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in annualized...

Read more
Read CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)
CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

April 12, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $200...

Read more
Read Verizon is Expanding the Legacy Yahoo! Campus in Lockport NY
Verizon is Expanding the Legacy Yahoo! Campus in Lockport NY

Verizon is Expanding the Legacy Yahoo! Campus in Lockport NY

March 31, 2019 H5: Buffalo I

Verizon Media announced that it will build a $28 million data center expansion to the legacy Yahoo facility in Lockport NY. If you include the server equipment Verizon Media is investing approximately $241 million. In January, Verizon announced it was jettisoning the Oath name and will rebrand...

Read more
Read CyrusOne Completes the Zenium Acquisition
CyrusOne Completes the Zenium Acquisition

CyrusOne Completes the Zenium Acquisition

August 27, 2018 CyrusOne

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London and...

Read more

Ready to Level up Your
Data Center Strategy?