• Microsoft – San Antonio ( two campuses ): After completing its half-million-sf Westover Hills campus , Microsoft secured its Texas Research Park campus projected to exceed 160 MWs of power and over 1.5 million sf .
Several wholesale colocation operators and data center developers are also providing hyperscale cloud environments catering to both these top-tier giants along with other cloud users needing large scale and flexible deployments . These cloud users — many in the e-commerce , gaming , 5G technology , artificial intelligence , and software-as-a-service arenas — include such recognizable names as Dropbox , Netflix , Zoom , VMWare , Nvidia , and eBay . These customers tend to lease large megawatt blocks of critical load ( the measuring stick for data centers instead of square footage ) in chunks of 5-10 MWs , sometimes 30 MWs or more . To meet this demand , these U . S . wholesale colocation and developer groups include :
• Developers : Digital Realty has nearly 300 facilities across 20 countries .
• Wholesale Colocation : CyrusOne , Switch , Iron Mountain , and QTS Data Centers all provide intensely reliable facilities across their targeted geographies , and they all have most of these cloud and social media titans in their sights .
According to recent data from the Synergy Research Group , which provides market intelligence and analytics for the networking and telecom industry :
• The total number of large data centers operated by hyperscale providers increased to 597 by the end
The U . S . accounts for almost 40 percent of the major cloud and internet data center sites .
of 2020 , having more than doubled over the past five years . Even during COVID-19 , 52 hyperscale developments came online in 2020 .
• The U . S . continues to account for almost 40 percent of the major cloud and internet data center sites .
• Amazon and Google opened the most data centers in the last 12 months , accounting for half of the 2020 additions .
• Synergy noted roughly 220 more such facilities either planned or already under construction .
While the capital costs remain daunting — Synergy Research estimated that it spent almost $ 100 billion in the first three quarters of 2020 alone — hyperscale data centers represent a robust niche within the commercial real estate market . Considering the growing demand for global cloud and social media corporations , major firms will continue to spend billions of dollars annually to meet consumer and business demands . The hyperscale approach provides operating efficiencies and scalability required by enterprises for their IT networks . Given that the hyperscalers were well-positioned in 2020 during the coronavirus pandemic , the footprint across the globe for these facilities is projected to remain strong for the next three years and beyond .
Michael Rareshide Executive vice president of Site Selection Group
Contact him at mrareshide @ siteselectiongroup . com .
Congratulations to CCIM Foundation ’ s 2021 Veterans Scholarship Recipients
The CCIM Foundation is proud to announce the eight recipients of its 2021 Veterans Scholarship Program . Established in 2020 , the Veterans Scholarship Program gives back to the brave men and women who have served the United States by offering educational funding to pursue careers in the dynamic commercial real estate industry . Each recipient receives up to $ 20,000 for commercial real estate education and certification programs through the National Association of REALTORS ® affiliate organizations , including CCIM Institute , IREM , and SIOR . Each recipient shown here has chosen to pursue the CCIM designation . These scholarships were made possible by generous donors like you . To learn more and donate , visit www . ccimef . org |
Leah Ash
Army Sterling , VA
Alex Papai
Army New Orleans , LA
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Kresston Davis
Air Force Garland , TX
Brian Perry
Army Vienna , VA
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Nathanial Goldsmith
Army Cary , NC
Carlos Piedrahita
Army Miami Gardens , FL
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Colin Lubinski
Marines Laporte , IN
Daniel Trigo
Air Force Celina , TX
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CIREMAGAZINE . COM COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE 15