Barclays will pay $330 million for two Lehman Brothers (LEH) data centers in New Jersey it is acquiring as part of a larger deal to purchase assets of the bankrupt investment bank.
Real estate, including two data centers, accounted fpr $1.5 billion of the value in Barclays' $1.75 billion deal to purchase assets of the failed Lehman Brothers (LEH).
Houston data centers are preparing for the arrival of Hurricane Ike. The major concern will be power, and the possibility that utility power will be interrupted by the storm.
Grubb & Ellis Company (GBE) has formed a new unit to focus on the data center sector, and has hired industry veteran Jim Kerrigan to direct the effort.