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October 5, 2017

CBRE has promoted John Parsons to lead its national data center practice for valuation and advisory services (VAS). A Seattle native with 15 years of experience in commercial real estate, Parsons has been with CBRE since 2011. VAS team leader Thomas B. McDonnell said the firm has strengthened specialty property types such as data centers, health care and senior housing. CBRE projects that national data center investment for 2017 will exceed the past three years combined. About $18.2 billion was invested during the first half of this year.
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