CBRE Identifies Most Attractive Markets For Leasing A Data Center
Atlanta, Colorado Springs, Northern Virginia, Portland and Seattle offer cost-effective options for data centers.
The growing reliance on cloud computing is reshaping traditional network computing and boosting demand for leased data center space in the U.S. For occupiers, Atlanta, Colorado Springs, Northern Virginia, Portland and Seattle are the five most attractive markets for leasing a data center, according to CBRE Group, Inc.’s latest research report, Leasing a Data Center: U.S. Market Cost Comparison.
“As the data center industry expands, IT and real estate executives are grappling with complex site selection decisions, including whether to lease or own a facility. For occupiers seeking to preserve capital or lease a data center, the selection process needs to carefully consider the primary cost variables of rent, power and taxes, and recognize the variability that exists from market to market,” said Pat Lynch, Managing Director, Data Center Solutions, CBRE. “The site selection process for an owned data center will hinge more on the relative costs of power, real and personal property taxes, sales taxes, available incentives, and construction costs.”