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A typical hyperscale construction project can have between 300 to 600 electricians on-site, which is a nightmare in regard to social distancing and other COVID-19 procedures.
While both public shareholders and private investors are seeking a competitive financial advantage today, they are also seeking a new approach to doing business.
Over the years, the wholesale market has catered to the enterprise user, but there are a few changes to consider when leasing to the hyperscale market.
In my last column, “Market Insanity,” I wrote about some of the challenges the industry is undergoing in the hyperscale space. Challenges include shortage of resources in both design/construction as well as in the operations sector.
A few weeks back, I had dinner with Jon Atkins from RBC Capital Markets and some other friends in San Francisco. At dinner, Jon gave me his January 2019 Equity Research, which is the best prospective I have seen to date. All indicators point in the direction of growth.
Over the last two years, we have been inundated by requests from wholesale and colocation clients to help develop winning proposals supporting hyperscale tenants. While each proposal we develop is customized to the hyperscale tenant, there are similarities and differences among each request.
UL has been certifying a majority of the equipment used in the data center space including mechanical, electrical and fire protection for the past 30 years.