As Data Center Developers Complete More Facilities In Bay Area, Many Look To Future Impacts Of 5G
November 15, 2018

As Data Center Developers Complete More Facilities In Bay Area, Many Look To Future Impacts Of 5G

Hear more from the companies building West Coast data centers at Bisnow's Data Center Investment Conference & Expo, West.

Demand for data centers is only expected to rise in the coming years with the advent of 5G and increased demand for lower latency by end users. That has meant building more high-powered data centers and facilities that are closer to users.

Data center firms fifteenfortyseven Critical Systems Realty in San Francisco and Vantage Data Centers in Santa Clara have already been building data centers that can meet the needs of future users. In San Francisco, 1547 is working on the city's first data center in the last 10 years, while Vantage Data Centers continues to increase its capacity in Santa Clara.

These projects will be discussed during Bisnow's upcoming Data Center Investment Conference & Expo, West Nov. 29.

San Francisco's 400 Paul development site proved to be an ideal location for fifteenfourtyseven's data center since its is adjacent to 200 Paul, one of the most interconnected buildings in the city, 1547 Critical Systems Realty President John Bonczek said. The…

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To Combat Shortage Of Industrial Workers, Prologis Internship Program Aims To Attract High School Kids

A high school internship gave Sandra Maksim the experience and motivation to pursue a career in the industrial sector.

When Maksim was a junior at Banning High School in Southern California, she participated in a program that gives high school kids an opportunity to take classes in job preparation and later intern at a local company in the industrial sector the summer before their senior year.

“I was 16 years old. They taught me how to dress, how to interview, how to network, how to present myself," said Maksim, 24, who is now an assistant operations manager at the Long Beach Container Terminal.

"I was a little shocked," Maksim said about the early job training experience. "But it's been amazing.”

As part of Prologis' new Community Work Initiative, the industrial giant has partnered with EXP, a Carson-based nonprofit that connects high school students to jobs, to create awareness and teach a new generation of workers about jobs in the industrial…

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Knotel Plans To Be Bigger Than WeWork In 15 Months, Readies Blockchain-Based Property Database

Knotel co-founder Amol Sarva is no stranger to bold statements, nor is he shy about his competition with WeWork.

In an interview with Commercial Observer, Sarva said flexible workspace provider Knotel "will be bigger than [WeWork] in the next 15 months," citing his company's rapid growth, and the fact that Knotel already has a third of WeWork's footprint in New…

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As A Brexit Deal Hangs In The Balance, Investors Wait And See And U.K. Investment Volumes Fall Sharply

Britain knows what its Brexit deal would look like, but not whether that deal will be approved by Parliament. And continued uncertainty about the manner of the country's departure from the EU appears to be having an effect on the U.K. property investment market.

In spite of some huge deals, U.K. investment volumes for the third quarter fell by 27% compared to the same period last year, according to Datscha, the PropTech platform that shows ultimate ownership of commercial properties. Volumes in Q3 were £12.7B compared to £17.4B in Q3 2017.

Read the full story here.

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