Leasing Activity Slows At Bay Area Data Centers, But More Large Deals Expected
August 15, 2017

Leasing Activity Slows At Bay Area Data Centers, But More Large Deals Expected

Northern California's data center market remains among the top in the U.S., and more construction will help meet ongoing demand.

Data center construction is up 43% in North America compared to 2016. Mergers and acquisitions accelerated during the first half of 2017, and cloud leasing has begun shifting to global markets, according to a report from JLL.

“While M&A activity is surging, data center leasing has quietly returned to normal in the U.S.,” JLL Managing Director and Data Solutions co-lead Bo Bond said. “The acquisition of large amounts of server space in the U.S. by cloud companies…

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Got news? Email Bay Area reporter Julie Littman at julie.littman@bisnow.com!