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Stonepeak Launches Data Center Development Company

Stonepeak Launches Data Center Development Company

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Stonepeak, a New York city-based alternative investment firm specializing in infrastructure and real assets, has rolled out Montera Infrastructure, a North American hyperscale-focused data center development company. Working with a $1.5 billion equity commitment,...
$2 Billion Construction Loan Originated for Utah AI Data Center

$2 Billion Construction Loan Originated for Utah AI Data Center

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

One of the largest construction loans in recent years has been arranged for a 100-acre artificial intelligence (AI) data center in Utah. The Wall Street Journal reports JPMorgan Chase and Starwood Property Trust are lending $2 billion for the data center campus in...
TECfusions Acquires 73 Acres for Virginia Data Center Expansion

TECfusions Acquires 73 Acres for Virginia Data Center Expansion

by Phil Hall | Feb 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

TECfusions, a Tampa-headquartered global data center operator, announced the strategic acquisition and rezoning of 73 acres in Clarksville, Virginia, for a new data center expansion project. According to the company, the expansion project involves the consolidation of...
Connecticut Data Center Sells for $10 Million

Connecticut Data Center Sells for $10 Million

by Phil Hall | Dec 16, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on data centers and technology-related real estate, has acquired Connecticut’s Trumbull Data Center for approximately $10 million. The property was originally built in 1960 in...
White House Launches Task Force on AI Data Center Infrastructure

White House Launches Task Force on AI Data Center Infrastructure

by Phil Hall | Sep 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Biden administration has announced the creation of a Task Force on AI Data Center Infrastructure, designed to coordinate artificial intelligence (AI) infrastructure policy across federal agencies. In a press statement, the administration said the new task force...
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