“When Switch completes their build out in Lithia Springs, the market will change significantly” | Local Insiders Discuss Future of ATL Data Center Market

ATLANTA, GA – The first panel at CAPRE’s Fourth Annual Greater Atlanta Data Center & Cloud Infrastructure Summit on August 15 was a lively roundtable discussion titled State of the Greater Atlanta Data Center Market: Analysis of Demand-Supply and Emergence of New Debt and Equity Capital Sources featuring five storied industry leaders offering first-rate analysis about the lay of the land in Atlanta. Moderator Jeff Ivey of Strategic Development for CPG kicked off the discussion with a pretty direct question. “What is the state of the Atlanta data center market and what trends are you seeing over the next couple of years, with [expected] triple market growth and very low rates in terms of vacancy?” he asked the panel of experts. First to offer a response was Jake Ring, Co-Founder & Chief Executive Officer of GIGA Data Centers, who situated Atlanta’s recent performance with that of its most notable neighbors. “Well I guess the targets in Dallas have been 40 MW of absorption over the last 4-5 years, consistently. Of course we’ve seen Northern Virginia explode,” he began. “And so it’s been good to see Atlanta finally get some of its share. It has all the hallmarks of a location that should be a data center hub – clearly a Tier I market. So it’s good to see. I’m guessing we’ll be seeing how much absorption actually take places. With the fin-tech companies and organizations, I would hope there would…