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DataBank and Goodman Group Partner to Open Los Angeles Data Center. Read the press release.

DataBank Raises $1.1 Billion to Finance Expansion of Three U.S. Data Centers
DataBank Raises $1.1 Billion to Finance Expansion of Three U.S. Data Centers

DataBank Raises $1.1 Billion to Finance Expansion of Three U.S. Data Centers

  • Updated on September 29, 2025
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CoStar reports that DataBank is building a $670 million facility in Northern Virginia to support rising AI and high-density computing demand. The project strengthens our U.S. footprint while advancing energy efficiency and sustainable operations.

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