Digital Era Drives Brick-and-Mortar Boom in Data Centers

REITs are the proof.

By Rick Richardson

The shift to digital work and play from home, hastened by the pandemic, has wreaked havoc on commercial real estate. But experts say it has also generated one surprising bright spot for the industry: data centers.

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The growing reliance on cloud-based technology – and the huge, blocky buildings that house its hardware – has created greater opportunities for developers and investors as businesses and consumers gobble up more data in a world that has become increasingly connected.