Data centers are a great example of how real estate moves with the economy, according to Marcus & Millichap CEO Hessam Nadji on a CNBC appearance.

“This is a real estate accommodation of a wave of technology that is now morphing from the cloud and server farms of a few years ago to AI,” said Nadji. “Only 20% of the current capacity is AI oriented, and just think about how much AI is going to grow.”


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