Data Center Deal Sheet

OneNeck data center in Bend, Oregon
A Oneneck Data Center In Bend, Oregon

Telephone Data Systems is under contract to buy BendBroadband, an Oregon-based telecommunications company for $261M in cash, the company reports. The deal will include BendBroadband's Tier III data center facility that's used for colo and managed services focused on the cable advertising and broadcast industry. Officials say the deal is expected to close by Q3.

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Yahoo! Also reported that it sold data center assets and then leased data center space for Yahoo Japan for $11M, a deal that helps the company realize a $5M gain.

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Digital Realty is on a development roll: The company reports that it's constructing 1.3M SF of space throughout the globe, at a cost that could reach $600M by the end of the year. Those locations include four markets in the US, two in Europe, one in Canada, and one in Singapore, which is slated to offer 371k SF of space and 30 MW of power. Digital Realty officials say most of that space should be revenue producing soon after completion.

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Nvidia is seeing an earnings boost due to data centers. The graphics chip maker—best known for its gaming graphic cards, reported revenue of $1.1B during the quarter that ended in April, up 16% from the previous year. And that's in large part to components sold to data center and cloud providers, says NVIDIA CEO Jen-Hsun Huang.

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PCM is well underway with a Tier III data center cloud facility in New Albany, Ohio (on nearly eight acres of land it purchased in 2012 for $1.1M). The new facility will complement its facility in Atlanta. So far, it's tapped $2.3M in a $7.7M financing loan.

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Carter Validus Mission Critical REIT reported that it increased its borrowing capacity with KeyBank National Association by $13.5M, adding its 61k SF Charlotte data center as collateral. That ups its total borrowing ability to more than $211M, of which it has already tapped $55M.

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Endurance International Group Holdings has jumped into a data center agreement with Ace Data Centers. According to SEC filings, the company has inked a 10-year lease for nearly 9,000 SF of space at Ace's Provo facility, which will have a total financial obligation of $102M over the course of the term.

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