Category Archives: Data Centers News & Trends

Valuable expert-provided insight for investors and users of data center property located within the Phoenix market.

Phoenix Market Data Center Expectations

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Last year was another hot year for data center activity in the Phoenix market. Below is a summary of the top three happenings and the top three expectations for 2017.

2016 Happenings

  1. CyrusOne continued to expand space on its campus in Chandler, with construction under way on a fully preleased fourth building,
  2. Read More

What’s the outlook for Data Centers in 2017?

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Big deals from major players, new economic and regulatory policy, and strategic cloud adoption are changing the game for data centers—from pricing models to location selection tactics, and everything in between. View the slideshow below to learn the top five data center trends to watch for in 2017.

 

Click here to read more about Phoenix and U.S. data center sector trends in JLL’s 2017 Data Center Perspective.

About the author

Mark BauerMark Bauer,Read More

Phoenix No. 4 fastest-growing U.S. city

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According to the 2015 Census population estimates, Phoenix gained approximately 87,988 residents from July 2014 to July 2015. Forbes ranked Phoenix No. 4 among the “Fastest-Growing U.S. Cities.”

Metro Phoenix has consistently outpaced the U.S. population growth over the last 20 years and projections show the region is expected to… Read More

Data center demand is rapidly attracting more players to Phoenix

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Data center interiorDemand for cloud technology is growing fast, and data center providers across the U.S. are working quickly to meet the need. This is especially true in the Phoenix market.

After two years of little construction, Phoenix’s data center space had dwindled, putting a strain on our very in-demand market. The strain has… Read More

The professional and business services sector leads Phoenix employment gains

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Phoenix Employment Update -04 2016

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According to the BLS, total non-farm employment in Metro Phoenix reached 1,964,800 payrolls in February 2016, representing an annualized increase of 67,000 jobs or 3.5 percent. Meanwhile, unemployment continues to improve, decreasing to 4.6 percent,… Read More

Phoenix ranked top 15 fastest growing city

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COW_Phoenix_economy_April 4 2016In a study of America’s fastest-growing cities, Phoenix ranked #15 among the 100 largest U.S. metropolitan areas. The rankings were based on estimated population growth, job growth, and gross metropolitan product growth.

After recording a 1.95 percent population growth rate in 2015, Phoenix is expected to grow 2.47 percent in 2016 alone.… Read More

Phoenix Employment Update: February 2016

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In 2015, the Phoenix office market recorded the largest absorption gains since the Great Recession. Total vacancy in Phoenix decreased to 20.9 percent at the close of 2015 and year-to-date total net absorption reached… Read More

Virtual reality: Adding a new dimension to real estate

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Image credit: Gustavo Fernandez Photography

Image credit: Gustavo Fernandez Photography

A walk from the high-speed glass elevator towards the airy meeting room takes you past spacious break out areas on one side with sweeping views on the other. The catch: none of it is real—yet.

In cities around the world, real estate developers are taking the technology that brought us video… Read More

Congratulations to our 2015 top producers

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We are proud to recognize these outstanding professionals for their commitment to developing enduring client relationships built on excellent service, collaboration and trust.TopProducers

From left to right, top to bottom:
Pat Williams, Managing Director
Steve Corney, Senior Managing Director
Andrew Medley, Vice President
Tony Lydon, Managing Director
Mark Bauer, Managing Director
John Bonnell, Managing Director
Marc Hertzberg, Managing Director
John P. Cunningham, Executive Vice President
Charles Steele,… Read More