Sebastian Obando | May 04, 2020
Everyone from cloud service providers to streaming services is needing more data storage space as people remain at home.
Occupier demand continues to be strong in the data center space, despite the coronavirus outbreak impacting leasing across many other commercial real estate sectors, according to industry sources.
“Activity remains consistent, with some segments like cloud service providers seeing increased demand,” says Pat Lynch, senior managing director of data center solutions at real estate services firm CBRE. “Deals continue to get done, with a select few occupiers putting projects on hold.”
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