Data Centers
CyrusOne Expands Data Center in San Antonio
CyrusOne, one of San Antonio’s global colocation solutions providers, has purchased a 22-acre property as expansion of its data center campus. The remaining space in its existing facility, the equivalent of 19,500 square feet, was leased for the next 5 years to one single customer, identified as a Fortune 50 customer.
Cerner Corp. Enters Agreement to Purchase 237-Acre Bannister Mall Site
Cerner Corporation, one of the world’s top healthcare software developers, has recently announced that it has entered into an agreement to purchase approximately 237 acres of land on the site of the former Bannister Mall, in the Three Trails Crossing region.
Stream Data Centers Announces Plans to Build New Private Data Center in Chaska
Texas-based developer and operator of wholesale data centers, Stream Data Centers, recently announced plans to open its 16th facility in the U.S. and its first enterprise data center in Chaska, Minnesota.
Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago
Server Farm Realty LLC recently unveiled 840 South Canal, their newest state-of-the-art data center facility in Chicago, at an invitation only ribbon cutting ceremony attended, among others, by Chicago’s Mayor Rahm Emanuel and Peerless Network’s CEO John Barnicle.
BYTEGRID Buys Massive Data Center in Downtown Cleveland, Secures $100M Credit Facility
BYTEGRID, a privately-held data center company headquartered in Northern Virginia, has acquired the Cleveland Technology Center (CTC), Cleveland’s market leader in secured telecommunications and data center facilities. The price of the transaction was not disclosed.
GM to Invest $258 Million in Second Metro Detroit Data Center
Less than one year after announcing a plan to transform its global Information Technology (IT) department and just days after celebrating the grand opening of the Warren Enterprise Data Center, General Motors Co. broke ground on Friday, May 24, on its second supercomputing facility in Metro Detroit. Together, the two locations will replace a network of 23 data centers operated by GM, as well as three information technology suppliers from around the world. They will add to the company’s existing data centers in Austin, TX, Roswell, GA, and Chandler, AZ.
COPT Announces Two New Virginia Data Centers
Corporate Office Properties Trust (NYSE: OFC), a Columbia, Md.-based office real estate investment trust, announced on Monday, January 14, it plans to build two shell buildings in Ashburn, Va. (Ashburn Crossing). The company’s total investment in Ashburn Crossing is projected to be $42 million. It includes the remaining land on which the company can build one additional building.
This is the latest addition to Loudon County’s growing data center market. The project will include two buildings with a total of 315,000 square feet. Construction on COPT DC-8, the first building, will start in early 2013. COPT DC-8 will total 200,000 square feet. The second building, COPT DC-9, will total 115,000 square feet. COPT plans to start work on in no later than mid-2014.
Transwestern Brokers Sale of Oak Creek Center Office Portfolio
Transwestern’s Chicago office recently announced that it has brokered, on behalf of KBS Realty Advisors, the sale of the Oak Creek Center office portfolio in Lombard, Ill. A joint venture between Investcorp and Golub acquired the 427,161-square-foot office portfolio for $39.5 million.
CyrusOne Buys Downtown Cincinnati Building; Flaherty & Collins Snaps Up Oakley Site
CyrusOne Inc., the wholly owned subsidiary that owns and operates Cincinnati Bell Inc.’s data center business, has acquired its parent company’s downtown Cincinnati building.
CORTEX Announces $186M Phase II in Biotech District
Phase II of CORTEX, midtown St. Louis’s bioscience and technology hub, will bring 384,000 square feet of additional lab and office space to the technology district. The total facilities space in the technology district will total over 1,000,000 square feet when the phase is complete.