Data Center News

Read CoreSite’s VA3 Data Center goes green, powered by 100% renewables
CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

December 01, 2021 CoreSite

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Commenting...

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Read HostDime acquires land in Guadalajara, Mexico for expansion with Tier IV data center
HostDime acquires land in Guadalajara, Mexico for expansion with Tier IV data center

HostDime acquires land in Guadalajara, Mexico for expansion with Tier IV data center

November 19, 2021 HostDime

HostDime has announced that it is expanding its data center portfolio with the acquisition of a three-acre land parcel in Guadalajara, Mexico, where it plans to build HostDime Mexico's Tier IV facility. This facility will be the second of its kind in Mexico, spanning 70,000 sqft, with a capacity...

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Read CoreSite exploring sale
CoreSite exploring sale

CoreSite exploring sale

November 12, 2021 CoreSite

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite has...

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Read Office complex and data center auctioned for $15m in Orlando, Florida
Baxtel

Office complex and data center auctioned for $15m in Orlando, Florida

October 20, 2021 Orlando

Regency Commercial Properties, Inc. has completed the sale of Central Corporate Center at 5915-6035 South Rio Grande Ave in Orlando, Florida, for $15.1 million. This is a five-building office park with 318,516 square feet of space spread across 21.7 acres of land. The property firm sold the...

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Read Lumen pays $275,000 to DoJ for contacting former customers it divested
Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen pays $275,000 to DoJ for contacting former customers it divested

September 07, 2021 Lumen Technologies

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

July 28, 2021 Lumen Technologies

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...

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Read HostDime breaks ground on Eatonville data center
HostDime breaks ground on Eatonville data center

HostDime breaks ground on Eatonville data center

May 21, 2021 HostDime

After a several delays, HostDime has announced that it has broken ground on its new 95,000 sqft data center in Eatonville. The development was subject to delays as a result of the pandemic, according to the company. The facility will be built on land which hasn’t seen development in nearly 100...

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Read CoreSite raises $150 million in debt offering
CoreSite raises $150 million in debt offering

CoreSite raises $150 million in debt offering

May 06, 2020 CoreSite

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

Read $25M HostDime's Eatonville Data Center & HQ Building Set to Begin Construction in June
$25M HostDime's Eatonville Data Center & HQ Building Set to Begin Construction in June

$25M HostDime's Eatonville Data Center & HQ Building Set to Begin Construction in June

March 25, 2019 HostDime Eatonville

Orlando Sentinel reports that HostDime's long delayed data center construction project is back on track. Construction will begin this summer and plans to open next year. Orlando Sentinel: After nearly three years of delays, HostDime said Monday it is set to begin construction this summer in...

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Read CoreSite Attains HIPPA Compliance for 16 data centers
<a href="http://www.businesswire.com/news/home/20160825006269/en/CoreSite-Realty-Corporation-Successfully-Attains-HIPAA-Compliance" target="_blank">Buiness Wire Press Release Link</a>

CoreSite R...

CoreSite Attains HIPPA Compliance for 16 data centers

August 26, 2016 CoreSite

Buiness Wire Press Release Link CoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation DENVER--(BUSINESS WIRE)--CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today...

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