Andy Cvengros | Source | U.S. Data Center Markets Co-Lead at JLL

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Andy Cvengros

U.S. Data Center Markets Co-Lead at JLL
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Andy Cvengros is an Executive Managing Director, Data Center Solutions, and co-lead of JLL's U.S. Data Center Markets team. He is also a member of the firm’s Technology Solutions Practice. Focusing on mission-critical transactions, portfolio analysis and valuations, Andy assists his clients in strategic planning, acquisition and disposition of heavy infrastructure and Data Center assets, financial analysis, geographic risk planning, lease analysis and negotiations, market valuations and technology consulting services. He has worked with many multi-national Fortune 500 organizations to help define and implement their Data Center sourcing and site selection strategy globally.

Prior to joining JLL, Andy worked within Hewlett Packard’s Data Center Consulting group (formerly EYP) assisting clients in aligning their IT, Facility and Business requirements. He draws on his experience in working with IT to match virtualization, cloud computing and disaster recovery strategies to data center facility build’s and capacity planning. By understanding the dynamic drivers of a data center he is able to provide valuable insight to all parties.

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    U.S. Data Center Markets Co-Lead
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  • In those areas near Chicago, land prices have nearly tripled over the past 36 months, and “you’re butting up against residential, golf courses, highways, airports,” Cvengros said. Add on the cost of power—especially if a utility provider needs to build a substation on-site—and “you’ve got to go vertical to make sense of those numbers,” he said. --

  • “Across the board, we are seeing power companies say, ‘We don’t know if we can handle this; we have to audit our system; we’ve never dealt with this kind of influx before,’” said Andy Cvengros, managing director of data center markets at JLL. “Everyone is now chasing power. They are willing to look everywhere for it.”

  • “We've continued to see the growth of digital infrastructure across the globe over the past couple of years,” adds JLL’s Cvengros, “and it doesn't appear to be slowing down. It only appears to be growing much quicker and a large part is going to be done through those REITs.”