New York

Cervalis Lines Up $48 Million Credit Line

Managed hosting specialist Cervalis LLC has closed a $48 million senior credit facility with a commercial lending institutions, the company announced today. It will use the money to build a new data center in northern New Jersey. Read More

CRG West, Telx Building Business in NYC

In New York data centers news, LogicWorks has leased 2,400 feet of space in the CRG West facility at 32 Avenue of the Americas, while AboveNet is providing dark fiber connecting the four Telx sites in the metro area. Read More

Data Center Projects Buoy NJ Market

Data center leasing and development boosted the New Jersey commercial real estate market in 2008, according to a new report, including projects by Switch and Data (SDXC) and Digital Realty Trust (DLR). Read More

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