Category Archives: Data Centers

San Francisco’s hottest ‘hood? Try TriSoMa

Posted on February 7, 2012 by

San Francisco Business Times by J.K. Dineen You may know the office vacancy rate in SoMa or Jackson Square or Mission Bay or the South Financial District. But if you want to know the percentage of vacant square feet in … Continue reading →

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Government surveillance facility in Georgia to grow

Posted on January 26, 2012 by

Atlanta Business Chronicle by Carla Caldwell The National Security Agency will add 45,000 square feet to the 500,000-square-foot Whitelaw Wedge complex completed last year at Fort Gordon, Ga., reports the Augusta Chronicle. The space is needed, documents say, because “the … Continue reading →

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Slideshow: Whose Silicon Valley footprint’s growing fastest?

Posted on January 24, 2012 by

Silicon Valley / San Jose Business Journal by Mary Ann Azevedo Search giant Google and cloud computing pioneer VMware have laid claim to more space in the Bay Area since 2009 than any other tech company, according to a Grubb … Continue reading →

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Carter Validus REIT To Buy 2 Assets for $14.4 Million

Posted on January 19, 2012 by

Data Center in GA, Medical Facility in TX To Change Hands By Laurie Forbes Carter Validus Mission Critical REIT agreed to purchase a data center in Georgia for $5.3 million and a medical office building in Texas for $9.1 million. … Continue reading →

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CRE Price Index Rises for Seventh Consecutive Month

Posted on January 19, 2012 by

CoStar Repeat Sale Indices Show Solid November Gains for Investment-Grade Assets; Steady Improvement For Smaller General Properties By Randyl Drummer The CoStar National Composite Index of commercial real estate pricing rose for the seventh straight month since last spring as … Continue reading →

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100% Occupied Peachtree Data Center Fetches $95M

Posted on January 13, 2012 by

By Jennifer LeClaire ATLANTA-One of the nation’s premier data centers has a new owner. Carter Validus Mission Critical REIT snapped up 180 Peachtree in Downtown Atlanta for $94.8 million. Led by Justin Parsonnet and Wendy McArthur, CBRE put together a … Continue reading →

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REIT Buys Atlanta Data Center for $95 Million

Posted on January 12, 2012 by

Fully Leased Facility Completed $230 Million in Renovations in 2010 By Laurie Forbes Carter Validus Mission Critical REIT Inc. purchased the Peachtree Data Center in downtown Atlanta, GA, for $94.75 million. A private entity listed as 180 Peachtree Retail LLC … Continue reading →

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Modularity and scale push data center construction cost down in 2011

Posted on January 5, 2012 by

US wholesale pricing remains flat through year, while cost to build drops  by  Yevgeniy Sverdlik Building data center modules “off-site” and adding space in large chunks has driven the cost of wholesale speculative data center construction down by 15-20% in … Continue reading →

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Digital Realty Trust Spends $148M on Data Centers in San Francisco, Atlanta

Posted on January 5, 2012 by

By Nicholas Ziegler, News Editor For a purchase price of $85 million, Digital Realty Trust Inc. has become the new owner of San Francisco’s 360 Spear St. The location, which is a 155,000-square-foot data center, is 100 percent leased. In … Continue reading →

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Delta sells data center, leases it back

Posted on January 5, 2012 by

By J. Scott Trubey The Atlanta Journal-Constitution A San Francisco firm that invests in data centers has acquired a Delta Air Lines facility near Hartsfield-Jackson International Airport in a deal that will keep the Atlanta-based airline as a user of … Continue reading →

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