Cloud computing is changing data center development, with action now shifting to a build-to-suit model in which cloud builders pre-lease entire buildings for themselves, representing 12 megawatts or more of new capacity. Wholesale data center providers, who have previously built multi-tenant buildings and leased them one data hall at a time, are adapting their model to accommodate the build-to-suit demand.
In the latest example, CyrusOne has just acquired a building in Northern Virginia, which has already been fully leased to a hyperscale data center customer. The 130,000 square foot building will provide 12 megawatts of IT capacity for the fast-growing cloud provider.
