Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Data Centers Continue to Outperform, Garner Interest

    23 Jul, 2018

    While data centers are still a relatively new real estate sector, their strong performance over the past few years and growing demand from increasing use of technology and growth of remote working...

    Chicago’s Data Center Market Continues to Boom

    2 Feb, 2017

    Chicago was the third-busiest market for data center activity in 2016, thanks to Microsoft, Oracle and a host of financial firms absorbing large amounts of space across the city, according to the...

    Data Centers Implement Green Initiatives

    22 Jul, 2016

    Data center are required to run uninterrupted 24 hours per day, 365 days per year, unlike any other property type, so it is no surprise that owners are actively investing energy-efficient features...

    Internet Addiction Fuels Data Center REIT Growth

    25 May, 2016

    Real estate investment trusts specializing in data centers are reaping the benefits of our growing internet addiction. Worldwide, Internet traffic this year is expected to surpass a zettabyte (or 250...

    Economic Development Fuels Northern Nevada Commercial Real Estate Market

    18 Apr, 2016

    After going through one of the toughest recessions in its history, Northern Nevada’s commercial real estate market suffered greatly as rising vacancies crushed new construction activity and...

    Michigan Lawmakers Debate Data Center Tax Exemption Bills

    2 Dec, 2015

    Today the Michigan House Tax Policy committee advanced legislation that would provide large tax breaks to cloud-computing data center companies. The tax exemptions were requested by Nevada-based...

    Compass Datacenter Plans 23-Acre Atlanta Campus

    7 Aug, 2015

    Dallas, Texas-based Compass Datacenters has acquired 23.5 acres in Lithia Springs, Ga. where it plans to develop four-to-five 1.2 MW data centers in six months. Compass identified Atlanta as a...

    Missouri, North Dakota Create Sales and Use Tax Exemptions for Data Storage Centers

    30 Apr, 2015

    In April, both Missouri (Senate Bill 149) and North Dakota (House Bill 1089) enacted legislation creating sales and use tax exemptions for new and expanding data storage centers. According to CPA...

    Oregon Gov. Signs Data Center Property Tax Bill

    7 Apr, 2015

    Gov. Kate Brown signed Senate Bill 611 last week, ending the controversial “central assessment” tax of data centers that created years of legal uncertainty for tech companies in Oregon and threatened...

    Nevada Lawmakers Consider Tax Breaks for Aviation Industry, Data Centers

    20 Feb, 2015

    In an effort to make Nevada more competitive with neighboring states, Senate and Assembly members held a joint committee hearing on SB93 and AB161, which would expand tax abatements to the aviation...