DALLAS – Cushman & Wakefield announced today that Ann Jaggars has joined the firm as Director in the Global Data Center Advisory Group.
Based in Dallas, Jaggars joins the Dallas-Fort Worth Data Centers team lead by Executive Managing Directors Bo Bond and Ali Greenwood, which represents clients in burgeoning data center markets around the world. The Data Center Advisory Group provides services such as data center strategy development and execution, site and provider selection, transaction negotiations, TCO analysis, portfolio and asset valuation, acquisitions and dispositions, greenfield projects, colocation leases, DR and hybrid IT/cloud deployments and master services agreements. In 2023, the Bond/Greenwood Data Center Advisory Team closed transactions valued at more than $320 million and that totaled more than 345 megawatts of IT load capacity, or the equivalent power usage of 200,000 homes.
“This an incredible opportunity to not only join the sector’s top-performing team but also engage commercial real estate’s most dynamic asset class,” Jaggars said. “Data centers’ phenomenal trajectory will continue with advancements in AI/ML and cloud computing, not to mention every-day consumer functions like e-commerce and smart-phone usage. Collaborating with Bo and Ali and our partners across Cushman & Wakefield’s platform positions us to offer clients industry-leading advice and support amidst exponential growth.”
Dallas-Fort Worth data center demand has basically doubled each year for the past three years. With vacancy at an all-time low of 3.73%, colocation rents and data center land prices continue to rise in the region. Despite a robust construction pipeline, the vast majority of the market’s new data center supply for 2024 and 2025 has been pre-leased. Cloud providers securing large campuses through pre-leasing and AI/ML companies leasing the market’s few remaining pockets of available space are the primary drivers of DFW’s record demand.
“Ann’s drive, experience and intellect are a perfect fit for our team as we help clients navigate the fastest growing sector of commercial real estate and one of the stalwarts of the global economy,” said Greenwood. “Corporate end-users, institutional investors and private capital all have targeted hundreds of billions of dollars toward new data center investment, and with current and projected demand, we can’t build data centers fast enough. Having someone of Ann’s caliber makes our formidable team even stronger as we create and tailor solutions for clients’ unique and complex requirements.”
Jaggars joins Cushman & Wakefield from KBC Advisors where she specialized in industrial leasing, development and acquisitions, as well as land sales, in Dallas-Fort Worth. She began her commercial real estate career at Cushman & Wakefield and is a graduate of Texas A&M.