New Jersey Data Center Gold

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

Ashburn Virginia Data Center Supply and Demand Q2, 2013

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

Nevada Joins Arizona With Southwest U.S. Data Center Tax Incentives

Nevada is the latest state to offer data center providers with tax incentives as a draw to their state. According to a source at the Las Vegas Global Economic Alliance, and based on information from the legislature, the legislation recently passed is slated to be applicable as of July 1, 2012. Exact detail has not … Read more

Colorado Data Center Obtains Financing, Construction Begins

According to recent press, the Vineyard, in partnership with Iron Point Capital Partners and T5 Data Centers, has started construction of a US$800m data center in Colorado, the first phase of which will be complete in Q1, 2014. The 64-acre site will deliver 100MW of available power with sustainable, eco-friendly design and power rates of … Read more

Data Center Finance and Investing Environment Improving Steadily

Investment dollars, in the form of debt and equity, are flowing into the data center industry, making it easier for existing and new providers to fund expansions. This wave of capital, particularly at the real estate level, is creating increased competition in key markets, according to experts in data center finance. A few years ago, … Read more

Data Center Finance and Capital Source

CapitalSource, a national lender that targets the telecom industry, has participated in the financing of more than fifteen data center, interconnection facility, or managed services borrowers and currently manages more than $300MM of commitments to borrowers in this sector. The data center and interconnection industries are growing rapidly, but the lending market has yet to … Read more

WiredRE Advises CapitalSource Bank Data Center Financing

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

Equinix, DuPont Fabros, and Colocation Market Direction

HURRICANE SANDY I’ve been really impressed with the coverage of Hurricane Sandy and how much more mature the reporting has become in comparison to Katrina. While here at 7×24 in Phoenix, I’ve had some great conversations with experts like Bill Beck of Credit Suisse who were at ground zero in the recent storm…CS performed flawlessly, … Read more

Cloud, Colocation, and Data Center Real Estate by the Numbers

The Data Center Real Estate Group (“DCRE Group”) we host on LinkedIn just received its first acting member of Congress as a member, and I’m exceedingly pleased to see Anthony Wanger, Founder of i/o, posting regularly. If you haven’t seen their modular approach to data centers, I encourage you to check them out. As the … Read more