Sep 13, 2016
‘Big data’ in Big D: JLL data outlook 2016
DALLAS - Supply is currently constrained, with only a handful of wholesale providers offering blocks of available supply, according to JLL’s latest Dallas Data Center Outlook.However, some key transactions are...
DALLAS – Supply is currently constrained, with only a handful of wholesale providers offering blocks of available supply, according to JLL’s latest Dallas Data Center Outlook.
However, some key transactions are underway that could help turn the tide: RagingWire, Digital Realty, and ViaWest all have buildings under construction now in the DFW area, and will be delivering between third quarter 2016 and first quarter 2017.
Demand continues to come most robustly from financial service, insurance, health care, and, increasingly technology—in addition to other sectors in this diversifies market.
Continued headquarter relocations and regional expansions are also driving demand.
Market trends include ongoing interest in DFW’s low utility rates, which remain attractive in the $.045-$.053 per kWh range.
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