Data Center - National
CBRE to Manage 1 MSF Data Center Portfolio
Lincoln Rackhouse and Principal Real Estate Investors acquired three data center campuses in top-performing U.S. markets. The assets underwent a $200 million renovation program prior to the transaction.
Cloud Activity Drives Data Center Demand
Northern Virginia remains the sector’s largest market, but the lack of supply in some major metros is expected to drive more growth in secondary markets like Phoenix, San Antonio and Austin.