The newly opened Prime Los Angeles data center, occupying 242,500 square feet in Vernon, is already fully leased to two AI firms, highlighting the sector's booming demand for infrastructure.
The 10-year sublease between Supermicro and Lambda Labs, valued at $600 million, underscores the increasing financial stakes in AI-related data center agreements, fueling further investment in this sector.
With investors shifting focus from logistics warehouses to data centers, Prologis has recognized the critical role these facilities play in supporting AI growth, promising substantial returns.
Prime Data Center, backed by Macquarie Capital and expanding into Europe, reflects the growing trend of leveraging data centers to meet surging AI infrastructure needs.
#data-centers #artificial-intelligence #investment-trends #infrastructure-development #california-market
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