CHICAGO—As reported last week in GlobeSt.com, the demand for data centers has strengthened in markets across the US, especially the top markets such as Northern VA, Chicago, Dallas and Northern CA. In fact, there has been so much expansion in these regions that in 2017 land scarcity will cause many providers to seek out new submarkets, bringing about a significant change in the sector's landscape.
“The market for land is becoming tighter, and the land is becoming more expensive,” Bo Bond, managing director and data center solutions co-lead, JLL, tells GlobeSt.com. “You see that across all of the top markets.”
The Chicago-based JLL just released its year-end Data Center Outlook report, and says that in 2016 users in the top US markets absorbed another 357.85 MWs, a historic high. As usual, Northern VA outpaced all other regions and accounted for nearly one-third of all US absorption.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
