Thinking Inside The Box: Data Centers Offer Creative Revenue Streams For Some Stressed Office Buildings

Commercial real estate owners and managers are under more pressure than ever to show creativity and uncover new sources of revenue as office occupancy continues to underperform its pre-pandemic levels. Few options are off the table, from community-oriented flex space to rooftop restaurants and party venues. Add to this mix data centers, which are increasingly seen as a potential path to office building profitability.

There is a growing need for digital infrastructure, driven by near-universal internet access, mobile phone subscriptions, smartphone-based applications and even adoption of artificial intelligence, according to recent research...
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RSK: This has some potential to put a small chink into the office market vacancy problem but not a cureall that`s for sure.