Data Center News

Johnson Controls sells Air Distribution Technologies unit

Johnson Controls this week announced it had reached a definitive agreement to sell its Air Distribution Technologies business to Truelink, a middle-market private equity firm based in Los Angeles. The brands included in this sale are Koch Filter, Titus, Ruskin, Krueger, PennBarry, and Tuttle ...

June 21, 2024

Los Angeles

GI Partners acquires fiber firm DQE Communications

Investment firm GI Partners this week announced the closing of the acquisition of Pennsylvanian regional fiber firm DQE Communications from DQE’s parent company, Pittsburgh-based Duquesne Light Holdings Inc. The company has also appointed Michael T. Sicoli as CEO of the company, effective imme...

May 06, 2024

GI Partners

GI Partners' managing director, John Sheputis, announces resignation

GI Partners' managing director, John Sheputis, who has been with the company for over four years, has now announced his resignation. According to his LinkedIn profile, he left the MD role in November 2023, carrying on as a senior advisor until the end of the year before finally departing. He i...

February 09, 2024

GI Partners

LightEdge acquires data center in Minneapolis, Minnesota.

GI Partners-owned company LightEdge this week announced it had acquired a 76,000-square-foot, 3.6MW facility, located at 1708 West Creek Lane in Carver County, Chaska, Minnesota. This data center houses 30,000 square feet of data hall space across three private data center suites. LightEdge ...

January 18, 2024

GI Partners

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

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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