RE Journals: Colliers report highlights a data center sector that keeps on booming
26 Feb 2024
News
Another record-setting year. That’s what the data center industry enjoyed in 2023, according to the latest research from Colliers.
According to Colliers’ 2024 Data Center Marketplace report, the overall U.S. data center vacancy rate tumbled to 1.7% last year, with demand for data center space especially strong in markets such as Dallas, Atlanta and Northern Virginia.
But it’s not just these major markets that are enjoying soaring demand. Colliers reported that Midwest markets, too, are seeing demand climb for data center space, pointing specifically to the Ohio market of Columbus as a hotbed of activity in this sector.
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