Data Centers Demand Rises as High as the Cloud(s)
August 10, 2015

About 65 percent of American adults now own a smartphone, according to Pew Research, and the cloud technology that services them has joined demand from the financial, technology, social media and health care sectors to drive up demand for data centers nationwide.

Rick Drescher, managing director of the Critical Facilities Group at Savills Studley, says many major markets are seeing increased leasing and construction of data center properties, and this activity has pushed up rents.

“We’ve seen, on average, an uptick of 5 percent to 6 percent on wholesale asking rents compared to mid-year 2014,” Drescher says. “We’re also seeing a lot of demand come from Asia into the United States. They’re establishing data centers here, to put on the market or for their own back-end. They’re also looking to enter the European markets...”

Data Centers Demand Rises as High as the Cloud(s)

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