Determine and implement the best data center solution for your New York business.
New York is one of the few North American data center markets that favors providers, with no end in the foreseeable future. Strong absorption and limited supply of quality space offerings enable providers to maintain a firm stance on pricing. Additionally, a lack of incentives and high power and property costs discourage new construction, keeping supply limited.Companies with geographic flexibility in their data center space may consider the nearby Northern New Jersey market, where rental rates are significantly lower and there is more available supply.
JLL’s New York Data Center specialists understand market and industry conditions, and will put this knowledge to work to help you determine your best data center strategy. We provide:
Our New York team works with companies from numerous industries, like:
Bloomberg | Cisco | Goldman Sachs | HSBC | Morgan Stanley | PWC | T-Mobile | UnitedHealth Group | United Airlines
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Businesses nationwide continue to outsource IT platforms, collocate and adopt cloud services, turning to third-party data center providers. Because of this shift, available space is tightening and pricing is firming up in many geographic markets. See the trends impacting data center strategies across North America, and download reports for New York City and other key geographic markets.
Strong absorption and limited supply of quality data center space offerings enable providers to maintain a firm stance on pricing. Additionally, a lack of incentives and high power and property costs discourage new construction, keeping supply limited.