Wednesday, June 19, 2013

Big Storefronts Now Housing Big Data

National Commercial Real Estate News From CoStar Group

Big Storefronts Now Housing Big Data

One of America's most recognizable bricks-and-mortar retailers will swap out clothes racks for server racks if a new strategy by Sears Holdings Corp. (Nasdaq: SHLD) pans out.

Sears has launched a new business unit, Ubiquity Critical Environments, with the mission of converting some of the more than 330 closed Sears and Kmart stores into facilities for data warehousing, network colocation centers, and business continuity operations.


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