Data Center Properties Create a Powerful Pull
Sep 6, 2016 |
Technology is evolving exponentially. On all fronts—business, consumer, user—the Internet has become a necessity. Whether saving company files to the cloud, shopping on Amazon or streaming Netflix, all this data flows through one commercial real estate property type: data centers.
This greater demand for data presents a significant opportunity for investors in data center properties.
“Corporate clients in the past five years have migrated quickly from owning data center properties to sale/leaseback, colocation, managed services. They are more focused on third-party solutions (colocation, cloud, managed services), as well as flexibility for these services,” says Patrick Lynch, managing director for data center solutions at real estate services firm CBRE.