4. Data Center Acquisition Spree
2012 saw both large and small data center operators increase their scale via acquisitions. In the U.S., this included Alpharetta, Ga.-based ByteGrid's December acquisition of a 77,322-square-foot facility in Atlanta; San Francisco-based Digital Realty Trust's November acquisition of a 271,000-square-foot property in Totowa, N.J., to redevelop as a data center; and Ashburn, Va.-based RagingWire Data Centers' October purchase of 75 acres of land on which it plans to build a 750,000-square-foot data center
Tampa, Fla.-based Carter Validus Mission Critical REIT purchased at least five different data centers in the U.S. in 2012. And, Data center companies Xand and Access Northeast in September merged to form a single company with three data centers in the Northeastern U.S.
One of the biggest single deals was the September move by San Francisco-based 365 Main to pay $75 million acquire 16 data centers totaling about 280,000 square feet from Redwood City, Calif.-based Equinix.