New York State
The data center real estate market is growing rapidly nationwide, and that is especially true in New Jersey. According to the New York Times, the New Jersey data center market is one of the most coveted in the United States. According to the Times, office lease rates can reach $150 per square foot. However, the … Read more
Major League Baseball recently announced that it purchased data center real estate in Omaha, Neb., to provide a remote backup for its massive amount of game data.
The nation’s retail and wholesale data center capacity is in modest over-supply in a number of markets due to new capacity coming online as the industry has ramped up in light of changing business conditions and economic progress. The Virginia market, primarily focused around Ashburn, has also been growing rapidly with a little over 2 … Read more
Industry Veteran to Lead Company and Propel Growth Las Vegas, NV (July 8, 2013) – Cobalt Data Centers, a Las Vegas-based provider of premium co-location and datacenter solutions, today announced the appointment of Jefferson S. Brown as President of the company, effective immediately. The company also announced that Mike Ballard, Cobalt’s previous CEO, has stepped … Read more
WiredRE – Data Center Finance – The nation’s leading data center advisor, WiredRE, recently concluded an agreement with CapitalSource to assess the commercial and technical risk of providing financing to one of the nation’s largest interconnection data center facilities, located in Kansas City
The Iron Mountain Wholesale Data Center Solution is unlike any other. Housed 220 feet below ground, in a former limestone mine, this facility covers 145 acres, contains its own fire department, and operates more like a small city than a single data center facility. The site boasts numerous natural features, such as low ambient temperatures, … Read more
Exciting news in the Data Center Real Estate world today. WiredRE is excited to announce a new partnership with Iron Mountain to represent their colocation services nationally. Iron Mountain, the sixth-largest property owner in the US, is rolling out a new wholesale colocation offering. Iron Mountain’s flagship data center development in Western PA was designed … Read more
Northern Virginia Colocation market is the second largest in the US with over 4-million sq-ft already built and close to another one-million planned to come on-line in the near future. Historically, it was driven by the federal government and Telcos (AT&T, UUNET, MCI) and the technology corridor they fueled. But it truly started to grow … Read more
Written by Lisa Huff Many other analyst firms claim that demand outstrips supply in the data center co-location market. The fact is that this may be true in some regions, but is absolutely false in others. Gone are the days when telecom and co-location providers say “build it and they will come.†All have taken … Read more
Scott Noteboom, Yahoo!’s global head of data center operation, recently pointed out similarities between Henry Ford’s Ford Motor Company’s manufacturing revolution and the revolution of design and construction of modern data centers. He pointed out how slow and inefficient car production was before the invention of the assembly line, and it compares to the process … Read more
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