SingleHop Grows in Franklin Park
Avison Young’s Jim Kerrigan recently helped SingleHop expand its data center presence in the 'burbs with 1.5MW of power at Digital Realty's Franklin Park facility. SingleHop is one of the country's fastest-growing web hosting companies. And it's that sector that will be one to watch this year, Jim says, given the adoption by many companies to outsource, especially Oracle, which just announced its entry into the cloud. (There haven't been this many people with their heads in the clouds since the '60s.) 2013 was a pretty active data center year, Jim tells us, with the market seeing a downward pressure on pricing and a geographic dispersing of where companies leased space.