Thu, Sep 24, 2026
Fermi selects CBRE to operate its first data center at Project Matador
Key points
- Subsidiary Fermi Services LLC signed a management agreement making CBRE the exclusive operations and maintenance provider for building one, Fermi's first data center
- Term of five years from the day building one is first ready for service, renewable by Fermi in five-year terms
- CBRE's transition work starts on Fermi's notice to proceed, with site leaders on the ground up to 120 days earlier
- New buildings can be added under the same framework