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462 The Hot New Trend in Commercial Real Estate? Renting to Data Centers

Slashdot
EditorDavid @ Slashdot · 09/29/2024 19:24 EDT

The Hot New Trend in Commercial Real Estate?  Renting to Data Centers

U.S. real estate developers "are having a hard time keeping up with demand," reports the Los Angeles Times, "as businesses in search of secure spots for their servers rent nearly every square foot that becomes available..."


Construction of new data centers is at "extraordinary levels" driven by "insatiable demand," a recent report on the industry by real estate brokerage JLL found. "Never in my career of 25 years in real estate have I seen demand like this on a global scale," said JLL real estate broker D

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