Data Center Pay To Stay?
Jeffrey Moerdler was quoted in a Mission Critical Magazine article on data center leases and the upward trend of renewal rates and increasingly unfriendly contract provisions.
Jeff said, “In many larger data center markets, we have transitioned to a more provider-favorable market for those providers that have available space with available power. The ability to consider alternative markets, particularly secondary and tertiary markets, and even looking at more than one market for a particular need, will give a customer much more flexibility to create competition among providers and, thereby, achieve better pricing and terms. It also helps to be able to move quickly and have very responsive business and legal teams without lengthy approval process delays.”
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