Money in the Cloud: CRE Investors Continue Pursuit of Data Centers

Money in the Cloud: CRE Investors Continue Pursuit of Data Centers

With cloud technology becoming the norm for data storage for everything from individual smartphones and laptops to Fortune 500 companies, data centers continue to be a hot property class.

In a report released last week, networking firm Cisco predicted that global cloud traffic will increase four-fold in the next four years, from 1.2 zettabytes today to 5.3 zettabytes in 2017. (A zettabyte is a 1 with 21 zeros, i.e., equivalent to one billion terabytes.)

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