Wall St. Journal Highlights Data Center REITs

For technology names, much of the strength is being pushed by data center facilities, which remain a hot commodity, especially in a faltering economy when companies are looking to outsource data storage and cut down on costs. ... "This is a close as you're going to get in a growth story for REITs," said Steve Salopek, head of small-cap equities for ING Investment Management. He added that data center REITs have a significant advantage over a "pure" data center bet, because they only own the building. By not also providing the services of a data center, these companies are more adaptable to change should demand fall in one part of the data storage world.