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It's a totally cyclical movement, but the industrial market around Seattle is seeking--and finding--development gold in secondary and tertiary markets.
Only four two-storied data centers existed in Loudoun County through 2013, but with land options shrinking developers have begun to go vertical, JLL says.
“Funding for infrastructure and redevelopment and the explosive growth of e-commerce are just some of the factors that continue to impact the commercial real estate industry,” says Michael McGuinness, CEO of the New Jersey Chapter of NAIOP.