Data center operators are forecasting their biggest year this year – and at least for the next three years – as preleasing activities for campuses that are not built yet are piling up, according to a report from JLL.
Brad Molotsky, Partner in the Real Estate Practice Group at Duane Morris, tells GlobeSt.com that notwithstanding the global impact of the war in Ukraine, supply chain logistics issues and inflation, data center development and investment will likely continue at a clipping pace for the remainder of this year.
JLL said it expects supply chain challenges to persist for the next 24 months.
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