Cloud growth is providing opportunities for the largest data center developers to gain discounts on power pricing from utilities. A look at how Digital Realty is leveraging its scale in the power market.
Bitcoin specialist Coinbase is entering the market for low-latency colocation services, a move that could signal a shift in the data center industry’s relationship with the cryptocurrency world.
CoreSite will invest up to $210 million to build a four-story data center in Downtown Chicago, adding capacity to meet demand for colocation and interconnection space.
T5 Data Centers has signed pre-leases with two enterprise customers at its T5@Chicago data center in Elk Grove Village in Suburban Chicago, the company said this week.
Digital Realty’s acquisition of DuPont Fabros creates a cloud colossus with 26 million SF of data center space, and a dominant market position in the two hottest markets: Northern Virginia and Chicago.
Developer DuPontFabros Technology (DFT) has just signed its largest deal yet, pre-leasing 28.8 megawatts of data center space across two major markets.
Massive deals by Microsoft drove a 25 percent increase in data center leasing activity from 2015, making 2016 a blockbuster year for wholesale providers, according to a new report, which says 2017 may see a continuation of cloud-driven growth.
Digital Realty is doubling down in the Windy City, confirming long-rumored plans for a major expansion adjacent to its huge 350 East Cermak data center campus in downtown Chicago.
The Chicago data center market appears poised for growth. Leasing was strong during 2015, with net absorption of 27 MW of capacity. This robust leasing has prompted new construction, with up to 200 MW of additional capacity planned for coming years. There are several new players entering the Chicago market, while incumbent providers are adding space to accommodate future demand.
The Suburban Chicago data center market is seeing an influx of new providers and supply, which positions the region for growth in the accelerating cloud computing arms race.