As the tech recession rages on, there aren't a whole lot of enterprise data centers being built. That's led to a bunch of companies opting to lease data center space from third parties, InfoWord.com reports.

"Anyone moving forward with new space has to consider a third-party operating," says Michelle Bailey, an analyst with market research firm IDC.

Bailey added that few IT departments have the funds to build new data centers, leading to an large number of firms renting out space. So much so, in fact, that all the space that was created during the dot-com boom is now starting to be filled up. And why not, considering that financing a new data center can potentially run over $100 million.

"They're all spooked. They don't want the risk of having debt increase," says Carl Weddle, director of IT at Quality Trailer Products Inc.