Data is a driving force in many aspects of life, and it’s projected to double by 2037 according to IDC’s Global DataSphere projection. This has led to an increase in data center investments, particularly for edge data centers which have smaller capacities between 500 kilowatts and 2 megawatts compared with the 80 MW capacity of most hyperscale centers. Edge data centers are designed not only for preserving data but also completing tasks quickly while improving connectivity across wider networks at higher speeds. The market is expected to reach $57.8 billion by 2031 due to rising demand from IoT devices and generative AI applications as well as machine learning (ML). Furthermore, edge centers take up less land than hyperscale ones making them more sustainable options when considering their environmental impact given the energy needed for powering them. It’s clear that these smaller sites will play an important role in creating more efficient infrastructure solutions moving forward
“Nonprofit HOPE Program Secures 10-Year Renewal with Assistance from Cresa”
Cresa’s senior advisors, Waite Buckley and Michael Herz, successfully negotiated a 10-year renewal lease for 7,500 square feet at 1