BBG Introduces New Data Center Specialty Practice to Address Emerging Market Needs

BBG Launches Data Center Specialty Practice

In a significant move to address the burgeoning demand in the data center sector, BBG, one of the foremost commercial real estate services firms in the United States, has announced the establishment of its Data Center Specialty Practice. This new initiative is geared towards fulfilling the growing requirements of valuation, due diligence, and advisory services within the vital infrastructure landscape.

Appointed to spearhead this new practice is Christopher M. Fudacz, who brings over a decade of invaluable experience in data center valuation and consultancy. Fudacz previously excelled as the National Data Center Practice Leader at CBRE, where he guided institutional investors, lenders, and tech giants through the intricacies of over 200 data center assets. His extensive portfolio includes hyperscale campuses, carrier hotels, powered shell developments, and mixed-use ventures with critical infrastructure elements, showcasing his wide-ranging expertise.

Fudacz’s deep understanding of the data center market dynamics, encompassing both primary and secondary markets, positions him uniquely to respond to the varying needs of diverse clients. His track record reflects his capability in navigating substantial transactions for firms spanning technology, cloud services, telecommunications, private equity, and infrastructure sectors.

BBG's latest offering underscores its ongoing dedication to providing clients with comprehensive industry knowledge and top-notch real estate services, particularly tailored for niche asset types. The newly formed data center team is set to provide an extensive array of services, which include appraisals targeting financing and acquisition, Property Condition Assessments (PCA), Environmental Site Assessments (ESA Phase I), feasibility studies, portfolio assessments, as well as market consulting.

In today's digital age, data centers have emerged as the backbone of virtually every sector, facilitating cloud computing, artificial intelligence, online commerce, and global communication. As the demand for data centers escalates, investments in their development and acquisition have reached unprecedented heights, creating a strong need for specialized valuation and due diligence expertise. This expertise is critical to address the intricate variables influencing these assets, including power availability, fiber integration, resilience, site location, and economic incentives.

Bill Britain, CEO of BBG, emphasized, "Data centers are among the most operationally intensive and capital-sensitive real estate assets on the market. Chris brings a wealth of experience that will allow our clients to make informed decisions in a rapidly evolving sector."

Expressing his enthusiasm, Fudacz stated, "This is indeed an exciting time for the data center industry. I am eager to assist BBG in enhancing its capabilities within this crucial space. Our mission is to furnish clients with the technical insights and practical market intelligence necessary for strategic decision-making."

About BBG

BBG ranks as the nation's leading independent commercial real estate valuation and advisory firm. With its headquarters located in Dallas, the company operates over 50 offices across key U.S. markets, serving an impressive client base exceeding 4,500. As a member of the Big Five national commercial real estate valuation firms, BBG is renowned for its tailored solutions backed by deep-rooted industry expertise. For more information, you can visit www.bbgres.com.