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Lincoln Rackhouse And Ascent Data Centers Join Forces

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Lincoln Rackhouse And Ascent Data Centers Join Forces
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Dallas Based Data Center Investment Firm Acquires Majority Interest in Data Center Design, Engineering, and Facilities Management Group

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Agile Data Sites Partners with Lincoln Rackhouse to Acquire Bytegrid’s Former Assets and Clients and Expand its Data Center Portfolio in Key Markets

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"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.

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INAP Leases Phoenix Data Center From Lincoln Rackhouse

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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.

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Data Centers Take Center Stage in Real-Estate Investing

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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%.

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More Hyperscale Demand On The Way For Dallas Data Center Market

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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.

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Data Center Leasing in Northern Virginia Hits Record 115 MW in 2017

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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.

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