At a glance
- Buildout-adjacent businesses have already drawn buyers, as Private Wealth Daily previously reported: CBRE agreed to buy Onnec, which installs data center cables and equipment racks, for $610 million plus up to $400 million.
- The yards themselves store construction equipment, materials and delivery vehicles for data center and large infrastructure projects.
- For allocators, an IOS rent roll is contractor demand tied to project timelines rather than a standing warehouse tenant.
Demand for industrial outdoor storage has risen alongside the data center buildout, The Real Deal reported on Oct. 28, citing the Wall Street Journal.
Buildout-adjacent businesses have already drawn buyers, as Private Wealth Daily previously reported: CBRE agreed to buy Onnec, which installs data center cables and equipment racks, for $610 million plus up to $400 million. The yards themselves store construction equipment, materials and delivery vehicles for data center and large infrastructure projects.
For allocators, an IOS rent roll is contractor demand tied to project timelines rather than a standing warehouse tenant. The due-diligence question for a yard portfolio pitched as data-center-adjacent is how much rent expires when a project finishes and the equipment moves on.
Reported by the Sectors desk from The Real Deal — National and Wall Street Journal (via The Real Deal). Published . Corrections