The U.S. data center market is slated for massive expansion, with investment volume predicted to reach $1T by 2030.
Driven by increased data consumption and advancements in artificial intelligence, some of the world’s largest technology companies, such as Meta and Google, are making waves in the space — unveiling plans to construct billions of dollars worth of data centers across the country to keep pace with demand.
Data centers haven’t only caught the attention of tech gurus, however. Commercial real estate professionals are also highly optimistic about the sector’s future.
Worldwide, there are more than 50 real estate funds actively looking to invest in data…