As COVID has sent workers to their home offices, many companies are upgrading their networks.

"A lot of networks had to do very significant upgrades to their capacity to really meet that work from home surge," said Charles Meyers, CEO of data center REIT Equinix on the CBRE's "The Weekly Take" podcast. "Zoom, for example, went from something like 10 million sessions a day to 400. In short order, 400 million and, you know, were a huge part of their infrastructure."

Pat Lynch, CBRE senior managing director for Data Center Solutions, said that this dramatic increase in telework has "brought the data center and the network and the importance of that to the forefront for almost any company in the world right now."

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.