Xand Raises $200M For Northeast Data Center Finance
Colocation provider Xand raised its debt financing by a significant margin in order to pursue future acquisitions and data center expansion.
Colocation provider Xand raised its debt financing by a significant margin in order to pursue future acquisitions and data center expansion.
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 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
People keeping tabs on the real estate market know that Iron Mountain recently announced its intention to form a REIT. Some news that you may not have heard about is Iron Mountain’s announcement that it will start offering colocation services. Serious colocation services. The 1,000 underground acres of ultra-secure, 1.08 PUE kind of colocation services. … 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
BASKING RIDGE, N.J., Aug. 18 /PRNewswire/ — Retailers and other organizations that rely on credit card transactions now have a compelling reason to consider moving critical payment applications to the cloud. Verizon Computing as a Service, or CaaS, the company’s cloud computing solution delivered from Verizon cloud centers in the U.S. and Europe, is the … Read more
Once upon a time, urban data centers had a reason for being. Network costs were sky-high, applications were unpredictable and difficult to manage remotely, and so server hugging was a legitimate approach to IT infrastructure management. Why would anyone move applications off site when there weren’t even mature data center operators with whom one could … Read more
Purpose built data center with a single-membrane EPDM telecom roof installed over structural lightweight concrete. 53,642 +/- total square feet, with 18,047 +/- of raised floor. Building clear height is a minimum of 16′ slab-to-ceiling, with drop ceilings in raised floor areas. Floor loading is 1,000 +/- lbs/SF on the high capacity raised floor and … Read more