Digital Realty has bought property in Silicon Valley and Northern Virginia, extending its blueprint for long-term growth in two key cloud computing hubs.
Vantage Data Centers has begun construction on its second major campus in Santa Clara, breaking ground on a 9-acre site on Mathew Street where it plans to build three data centers offering 69 megawatts of critical power.
In a sign of pent-up demand in Silicon Valley, Vantage Data Centers has leased 90 percent of the 9 megawatts of space at its V6 facility in Santa Clara, which opened in October.
Digital Realty will invest $75 million to build a six-megawatt data center in Santa Clara, bringing new inventory online in the Silicon Valley data center market.
CoreSite has signed a contract to acquire land to expand its growing campus in Santa Clara, Calif., allowing the data center developer to add capacity in one of the industry’s most important markets.
Developers are now building multi-story data centers to boost their capacity to house IT gear. The trend is most pronounced in the two hottest data center markets, Northern Virginia and Silicon Valley.
Vantage Data Centers is being acquired by a consortium of investors led by Digital Bridge Holdings, which sees the purchase as the first step in a larger expansion into the wholesale data center industry.
Vantage Data Centers is commencing construction this week on the new V5 data center on its Santa Clara campus, even as it continues work on its V6 facility. The two facilities add 24 MW of power to the supply-constrained market.
Silicon Valley remains one of America’s busiest markets for data center space, and is home to nearly 2.6 million square feet of mission-critical space. Today we examine supply and demand in this key market, and what to expect over the coming year.
Silicon Valley is America’s second-largest data center market, and home to nearly 2.6 million square feet (SF) of commissioned data center space, representing 343 megawatts (MW) of commissioned power. Read more in our special report.