Source: JLL

LOUDOUN COUNTY, VA–There is a trend in the industrial space to build multi-story warehouses especially in urban infill locations. The reason is simple: land costs in such areas are rising higher and higher while the need for industrial operations grows just as rapidly.

Now that same trend, for similar reasons, is finding its way to Loudoun County’s data center industry, according to JLL. It writes that:

Only four two-storied data centers existed in Loudoun County through 2013, while there were 21 single-story data centers. Yet with land options shrinking, which is pushing up pricing, and demand still escalating, developers have begun to go vertical.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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