Sponsored by George Fox University
Home Must Reads Rackspace confirms Oregon data center plans

Rackspace confirms Oregon data center plans

| Print |  Email
Must Reads
Wednesday, August 22, 2012

Texas-based data hosting company Rackspace confirmed it purchased property at the Port of Morrow, but it hasn't finalized building plans yet.

“We have identified some obvious benefits to adding capacity in the west coast region and we find the benefits to be compelling,” spokeswoman Rachel Ferry wrote in an e-mail. “We have taken steps to help ensure that, if we ultimately determine that it is in our best interest to build a data center on the west coast that we can execute on that strategy.”

Port officials said earlier this month that they were near a deal to sell 99 acres at the port for $2 million to Boardman Acquisition LLC, a holding company for Rackspace. Rackspace holds an option to add 100 acres to the project.

But the port said it had been told Rackspace won’t build right away, and Ferry said that “we do not have any finalized build out or operational plans to share with you for this location or any other west cast location.”

Read more at OregonLive.com.

{biztweet}rackspace oregon{/biztweet}

 

More Articles

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS