Likely to be occupied by Bank of America

Includes $110m in building costs and $75m for machinery

At an existing Lincoln Rackhouse data center

251 Exchange passed from Digital Realty to Lincoln Rackhouse to Beanstalk

Facility was once used by BlackBerry

Work starts quickly on new site adjacent to delayed Intel chip fab

Companies purchase 190-acre site, offering up to 1.2 million sq ft of development

Principal Real Estate-backed firm buys 35,000 sq ft facility leased to US telco

Half of which will be leased by the previous owner

Putting a strange story of Russian ownership to bed

The previous owner likely being Bank of America

Facility comes with an anchor tenant

Unnamed mobile network provider to get a new place for its switches

Having signed a long term lease with owner, Lincoln Rackhouse

As it plans to move more applications into the cloud 

Forms part of effort to build national data center network