One of our first transactions in 1998 – Frontier Communications’ lease as the anchor tenant of 350 East Cermak in Chicago – created the largest multi-tenant data center in the world.
Since then we have worked with developers, financial institutions, hosting, co-location and telecommunication companies to negotiate comprehensive real estate solutions that maximize growth, minimize risk and lower the total cost of ownership.
Because we only focus on data centers, our knowledge extends beyond available inventory in a local market to lease comparables, SLA concerns, and flexibility options. We start by understanding your specific needs and then provide innovative, strategic solutions that marry the priorities of Information Technology and Corporate Real Estate teams. And we do so while maintaining our core value of Integrity first.
North American Data Centers brings over 25 years of experience advising on and assisting with implementation strategies to ensure a successful transition.
Founder and Managing Partner
North American Data Centers (NADC)
Jim Kerrigan founded NADC in 2014 as the first real estate company focused on acquiring, leasing, and selling data centers throughout the United States and Canada. Since 2016, he has sold more than 4 million square feet of data centers, mostly in Northern Virginia; completed the sales of 20 properties worth over $1.2 billion; initiated edge data centers by advising on 22 leases throughout the United States (between 2014 and 2016); and negotiated numerous lease renewals totaling more than 100MW on behalf of tenants and licensees.
Jim is a proud member of one of the most respected organization within the commercial real estate industry, the Society of Industrial and Office Realtors (SIOR), a distinction earned by less than 1% of the world’s commercial real estate professionals. He has also received SIOR’s two biggest awards: Largest Dollar Volume Transaction and Top Investment Transaction in 2016 and 2019.
Prior to starting NADC, Jim had a 23-year career in commercial real estate, during which he provided data center practices for some of the largest companies in the world, including Staubach (JLL), Grubb & Ellis (Newmark), and Avison Young. He was consistently recognized as one of those companies’ top producers.
Jim started his career in market research at Julien Studley (Savills), and this was the impetus for creating the annual data center newsletter in 2010. In the newsletter, Jim offers advice related to the real estate fundamentals of data centers, including, but not limited to, cap rates, rental rates, and tenants in the market. In addition to his numerous Fortune 500 clients, he provides consulting services to hyperscale clients.
In his free time, he enjoys smoking BBQ, reading, skiing, and traveling the world with his family helping them become better world citizens.
Jim earned his Bachelor of Arts degree in Economics/Finance from the University of Illinois. He has often served on the boards of local charities and has been a frequent speaker on real estate and data center topics.