"While e-commerce is rapidly changing our world, no one has perfected how to get a freshly made donut, taco or burger and fries through the internet,” says Boulder's Randy Blankstein.
Demand from large cloud users resulted in more data center leasing activity in Northern Virginia in the first half of 2018 than the rest of the primary data center markets combined, according to CBRE's latest U.S. Data Center Trends report.
As office space shrinks, the tech performance of the space becomes more important, i.e., dedicated Internet access, connectivity to private cloud networks and secure connection to offshore centers.
IOV remains in acquisition mode, seeking to acquire $100 million in assets over the next 12 to 24 months—with a five-year plan to amass more than $500 million in product type.
CBRE/New England, combined with the Purpura-led team, manages more than 100 million square feet of commercial property and corporate facilities and has more than 1,200 employees.