Andy Cvengros is a Managing Director with JLL and co-lead of the 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.
“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.”
"Google, Facebook and Microsoft have built millions of square feet of data centers right over the border in Altoona, Iowa," Andy Cvengros, SVP and co-lead of the Midwest data center practice at the commercial real estate firm JLL, told Data Center Knowledge. "In Columbus, Ohio, they've done the same thing. A lot of that is because the tax base here has been pretty expensive."
The Washington Post - Artificial intelligence, data centers and the boom in clean-tech manufacturing are pushing America’s aging power grid to the brink. Utilities can’t keep up.
Network World - Stream Data Centers bought 55 homes in a 34-acre subdivision and plans to break ground on a 2 million square-foot data center campus in late 2024.
Clean Technica - The demand for electricity is increasing so fast that many in the utility industry are surprised by the spike coming in just a few years.