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CyrusOne taps CMBS market for $1.25 billion as grid constraints intensify

Data center giant lines up refinancing for properties in Ohio, North Carolina and Texas
CyrusOne's DUR1 data center in Durham, North Carolina, built in 2013, was expanded from 6 to 11.5 megawatts from 2017 to 2023. (CoStar)
CyrusOne's DUR1 data center in Durham, North Carolina, built in 2013, was expanded from 6 to 11.5 megawatts from 2017 to 2023. (CoStar)

CyrusOne, one of the nation's largest data center operators, is borrowing $1.25 billion to refinance debt on six facilities, underscoring both the industry's rapid growth and the rising costs of keeping pace with demand as available power becomes increasingly scarce.

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IN THIS ARTICLE


  • Properties
    • AUS3

      7100 Metropolis Dr, Austin, TX

    • AUS2

      7301 Metropolis Dr, Austin, TX

    • CIN5

      401 Kingsview Dr, Lebanon, OH

    • DUR1

      2223 Creek Pky, Durham, NC

  • Companies