"We have clearly developed a strong business model based on a complex but proven approach to strategic acquisitions and operating partner leases. This process helps us to pave the way for operators like Agile as they expand into new markets and look for opportunities for business growth in this competitive sphere,” states Ryan Sullivan, Managing Director for Lincoln Rackhouse.Read more
The Acquisition Will Expand Lincoln Rackhouse’s Portfolio by 320,000 Square Feet and 16MW of IT PowerRead more
Lincoln Rackhouse and Principal Real Estate Investors have acquired a one million-square-foot data center portfolio in Dallas, Phoenix and Kansas City, MO, from a Fortune 500 financial institution, which has partially leased back the Tier III+ space in two of the three markets.Read more
American cloud and colocation provider Internap (INAP) has taken a master lease in a 191,061 square foot (17,750 sq m) data center in Chandler, near Phoenix, Arizona.
The facility, built to Tier III standards, comes with Bank of America as an anchor tenant, and is leased from Lincoln Rackhouse, which acquired the site earlier this year.
As 10-year Treasury yields have climbed past 3%, investors have started seeing the impact on the equity sectors known for high dividends, such as utilities and real estate. The Dow Jones U.S. Real Estate Total Return Index (DJUSRET) has fallen 5.5% so far this year, while the S&P 500 Total Return Index (SPXT) added 1.5%.Read more
Historically, DFW has been primarily an enterprise market (80% enterprise and 20% cloud as a colocation market), and the lion’s share of DFW’s excellent absorption numbers comes from enterprise users, which typically are smaller than hyperscale players. That makes its placement among the nation's data center markets an impressive feat — DFW has the third most absorption in the nation behind Northern Virginia and Silicon Valley whose absorption numbers get boosts from hyperscale users, according to CBRE’s data center team.Read more
Developers in Northern Virginia leased a record 115 megawatts of data center space in 2017, according to a new report. The historic gains of the past two years follow on 62 megawatts of leasing in 2105. No other data center market in the world has recorded more than 59 MWs of leases in a calendar year, Tucker said.Read more
Unnamed mobile network provider to get a new place for its switches: Dallas-based data center developer Lincoln Rackhouse is about to break ground on a 35,000 square foot (3,251 sq m) telecommunications facility in Sunrise, Florida, being built for an unnamed US mobile network provider.Read more
World’s most valuable public company promises huge US investment, job hiring spree
Technology giant Apple has promised to increase its investment in the United States over the next five years and spend more than $10 billion on data centers. The “expanded capital expenditure” on data centers adds to what the company had already planned to spend on its digital infrastructure.