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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen1/17/2018 12:01:55 AM
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Who Leased the Most Data Center Space in 2017?



After a record 2016, wholesale data center leasing by companies with hyper-scale cloud platforms – they lease more data center space than any other type of companies – was down in 2017, according to a new market report by North American Data Centers.

But the amount of construction currently underway by wholesale data center providers paints an expectation that the slowdown will be short-lived. The amount of multi-tenant data center inventory under construction is nearly double what it was 12 months ago, the data center real estate brokers wrote in their annual report.

Most of the leasing activity in 2017 happened in Ashburn, Virginia. The Northern Virginia region as a whole (the world’s largest data center market) is also where the biggest portion of all the new construction is taking place.

Facebook, Microsoft, Apple, Google, and Uber signed the largest turn-key wholesale data center leases last year. Here are the biggest 10:

Facebook: 22MW in Ashburn with DuPont Fabros Technology (now part of Digital Realty Trust)

Microsoft: 18MW in San Antonio with CyrusOne

Apple: 14.5MW in Ashburn with DuPont Fabros

Apple: 14.5MW in Chicago with DuPont Fabros

Microsoft: 12MW in Phoenix with CyrusOne

Google: 10MW in Ashburn with CyrusOne

Facebook: 6MW (renewal) in Santa Clara with Digital Realty

Uber: 5MW in Phoenix with Aligned Energy

Uber: 4.8MW in Ashburn with Digital Realty

Existing unnamed customer: 4MW in Dallas with Digital Realty

In addition to the four deals on the list, Apple also leased 2MW in Austin with Data Foundry, according to the brokers. Both Apple and Facebook returned to leasing large blocks of data center capacity in 2017 after several years of focusing exclusively on building their own server farms. (Both continue to build their own data centers as well.)

Select here to read the entire article.
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