Search
 

Technology Boost Jump-Starts Data Centers

CHICAGO-Capital looking for investment locations will find a safe haven in data centers, says Jones Lang LaSalle, as technology use increases, pushing up demand for new properties.

By Robert Carr | Updated on October 30, 2011

CHICAGO-In another report about the future of data centers, Jones Lang LaSalle says these facilities, which support a firm’s network infrastructure, are going to be in even stronger demand in the next year. According to JLL’s mid-2011 US Data Center overview, most of the major cities have a lack of supply to fill upcoming needs in this sector.

Having shown somewhat better corporate bottom lines through the first two quarters, companies wanting storage and speed from these facilities are able to now fulfill requirements, said Bo Bond, co-lead of JLL’s Data Center Solutions team. “Energy will continue to be one of the biggest market drivers,” he said in a statement. “As power consumption in data centers continues to increase, users are increasingly concerned with power redundancy, capacity and cost.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.