Data Center Development: Specialized Security, Communications, Cooling, and Power Needs; Service Agreements
Addressing Operation and Financing Concerns of Real Estate Counsel
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will address the issues associated with the development, operation, and financing of data centers. The panel will discuss features that make data centers unique--including power usage, connectivity, temperature and humidity controls, and security--and the need for proper service level agreements between the appropriate stakeholders.
- Types of facilities: closet, office, repurposed, new construction
- Power: significant, uninterrupted
- Environmental controls: temperature, humidity
- Connectivity: fiber access, multiple carriers
- Physical integrity: ability to withstand weather events, natural disasters
- Regulatory issues associated with data center development
- Leasing issues
- Financing issues
The panel will review these and other important issues:
- What are the distinct characteristics of data centers, and how do they affect development costs?
- How do the non-space-related needs of a data center (power, environmental, security) impact rent and the landlord's potential liability?
- How do service license agreements and leases differ when used for a data center?
- Why is financing a data center more difficult than more conventional property types?
Michael J. Merar
Mr. Merar has experience handling all aspects of real estate transactions for retail, data center, office, industrial... | Read More
Mr. Merar has experience handling all aspects of real estate transactions for retail, data center, office, industrial and mixed use projects, including the acquisition, disposition, finance, leasing, management and operation of all classes of commercial assets. His practice has a focus on retail and data center-driven acquisitions, developments, redevelopments, leasing and dispositions. Mr. Merar has represented several REITs, Fortune 100 technology companies, luxury retailers and fashion houses, restaurateurs, developers and real estate entrepreneurs across the U.S.Close
Michael D. Rechtin, Jr.
Mr. Rechtin's practice has a focus on data center, headquarters, office, industrial and retail leasing. He also... | Read More
Mr. Rechtin's practice has a focus on data center, headquarters, office, industrial and retail leasing. He also handles data center transactions in general, build-to-suit transactions, acquisitions, dispositions, financings, joint ventures and development. With more than 20 years of real estate law experience, Mr. Rechtin has represented life insurance companies both locally and nationally, Fortune 500 companies, pension funds and pension fund advisors, investment advisory groups, commercial developers, real estate entrepreneurs, REITs and professional services firms.Close