Stockdale Investment Group specializes in investing, developing, and managing real estate assets that are well located, but are either underperforming or functionally obsolete.

Available Properties

Services

Tue, 06 Dec 2016 02:51:43 GMT

Equinix to Acquire Verizon Data Center Portfolio for $3.6B

Continuing the trend of large telecommunications companies divesting their data center properties, Verizon Communications Inc. has agreed to sell sites across 15 metropolitan areas of the U.S. and South America to Redwood City, CA-based Equinix, Inc. (Nasdaq: EQIX) for $3.6 billion cash. The value of the transaction easily exceeds Centurylink's agreement in early November to sell its data center and colocation center business totaling 195 megawatts...

Read Full Article