The unprecedented surge in global data creation and consumption is fueling a massive boom in the development of data centers. This rapid expansion is creating immense demand for specific types of real estate, fundamentally shifting the landscape for property markets worldwide. Unlike traditional commercial or residential properties, data centers have highly specialized requirements. Finding suitable sites involves navigating complex needs for massive and reliable power supply, robust fiber optic fiber connectivity, stringent security protocols, and specific zoning regulations.
This surge in data center construction and site selection is presenting significant challenges and opportunities for real estate firms. To effectively compete in this high-stakes market, traditional real estate teams are discovering they need to go beyond conventional property knowledge. They are increasingly recognizing the critical necessity of integrating specialized expertise. This is driving a trend where real estate companies are actively hiring professionals with deep experience in colocation and data center site selection. These experts possess the technical understanding of infrastructure, connectivity, and operational demands that are crucial for identifying, evaluating, and securing the right locations for the next generation of digital infrastructure. Bringing in colocation experts is becoming essential for real estate teams to successfully capitalize on the burgeoning data center demand and navigate its unique complexities.
Source: https://www.datacenters.com/news/the-great-data-center-land-grab-why-real-estate-teams-are-hiring-colo-experts
