The data center (server farm) keeps the world connected.
In early 2020, over a matter of days, hundreds of millions of people around the world transitioned to working from home, which caused a dramatically increased need for data storage space. Zoom, alone, has moved from an average of 12 million sessions per day to 407 million daily sessions! The importance of digital and digital information in daily life is rising and causing steady increased requirements for data devices and data storage space, not to mention the emergence of 5G mobile phones.
So, what are the basic requirements for an effective data center? Stability, reliability, accessibility, flexibility and safety. All the above are important to ensure quick and efficient transfer of digital information to end users and digital consumers.
The above factors contribute to significant uptick in real estate values for the Data Center property market. The intersection of technology and real estate has the potential to bring significant return on investment and value add opportunities.
We would be delighted to share our experience, knowledge and forecasts surrounding this subject, both in the Israeli market and around the world.
Big wins AY – Propertech Successful Sale and Lease back deal ($11 million) of a logistic asset in the north of Israel.
Israeli commercial real estate deals
SILVERSTEIN PROPERTIES LIMITED and partners are buying the US Bank Tower (1.4 million sf) in Los Angeles for $430 million ($300/sf).
Commercial Real Estate Opportunities:
For sale 2,200M2 commercial building in Petah Tikva, in the center of Israel.
For sale two floors (2,300M2) out of five, in a comercial building in the center of Tel Aviv.
For Sale in Tel Aviv 600M2 floor, (one out of 4) + 13 parking spaces.
For lease, in Holon till 1,500M2 office space, high floors (flyer attached).
For lease, in Alon Tower Tel Aviv 156M2 office space, high floor, 5 rooms.
For lease, in Or Yehuda, 600M2 office space ready to occupy.
For lease, in Petah Tikva 1,700M2 office space ready to occupy.
For lease in Kadima, commercial units in a new neighborhood commercial center.
The purpose of this Newsletter is to update you with Commercial Real Estate information related to companies from Israel. The information contained herein does not constitute an opinion or professional advice. It is recommended to use the information detailed in this Newsletter only after consultation with the appropriate professional consultants from our office.
Propertech Real Estate is a commercial real estate boutique, a leader in providing professional and unique brokerage services for office spaces, logistics spaces, commercial buildings, brokering and negotiating investment real estate transactions, land, etc,
managed by Avi Gimpel and Guy Amosi.