Tapping industry veteran John Pasta, real estate services firm solidifies investment in booming data center sector as demand spikes
News release
09 December 2024
JLL adds Executive Vice President to its Data Center Solutions Group in Dallas
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DALLAS, Dec. 9, 2024 – JLL announced today the addition of John Pasta as Executive Vice President of its Data Center Solutions Group in Dallas. As demand for data centers continues to rise across the metroplex, Pasta will apply his 13 years of expertise in this specialized sector of real estate to his new role delivering customized solutions for JLL’s clients alongside the firm’s team of experienced leaders.
“With the rise of AI, 5G processing and overall increased technological capabilities, there is more demand for data center real estate everywhere, but especially in Dallas-Fort Worth,” said Curt Holcomb, Managing Director, Data Center Solutions at JLL. “The area’s abundance of available land and access to energy sources is incredibly attractive to developers. John’s knowledge of the market and experience in the sector will add a competitive edge to our team and supports our commitment to delivering excellence for the growing number of data center users.”
Following seven years with Avison Young’s tenant representation service line, Pasta most recently held the title of Director of Strategic Accounts at QTS Data Centers, a leading provider of data center solutions across North America. Pasta is a graduate of The University of Texas at Austin.
“JLL’s reputation for excellence in the industry is unmatched, and our Data Center Solutions group includes experts who have been deeply engaged in the sector long before its recent spotlight,” added Pasta. “I look forward to using my experience on the operator side to contribute to JLL’s legacy of helping clients navigate this rapidly evolving space.”
According to JLL's U.S. Data Center H1 2024 Report, Dallas-Fort Worth is home to the third-highest number of data centers in the United States. Additionally, demand is at an all-time high, evidenced by low vacancy rates and users starting their search for space 24 to 36 months in advance. While supply is becoming increasingly scarce in the metroplex, plans to add significant capacity through new construction are underway.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.