I personally go in hunt of power, and connectivity in an area and then find a building to match my requirements.
It's all very well having a building, but if it's not near a HV path, then it's going to cost you a small fortune to get the power into the facility.
In regard to physical building properties, I prefer higher ceilings (remember, heat rises) allowing for lots of over head space, and also the ability to install a good height of raised flooring. Next is shape and spare land surrounding the building as well as all the other factors of additional risk (is it near a river/ stream, is there any chemical/ ga######us storage facilities in the vicinity etc..etc..)
Take a look at the Bunsfield Disaster in the UK a few years ago, that certainly made a large number of business sit up and realize that their choice of location wasn't that great.
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