Cushman & Wakefield: America’s Data Center Update H2 2022
8 Feb 2023
News
Going into 2023, demand across market types looks to continue, with providers in primary markets moving to more peripheral submarkets with more affordable land and power while initial clusters in secondary markets continue rapid build-outs.
Americas Data Center Update (image)
Demand in primary markets continued to push vacancies downward not just in Northern Virginia, but also Dallas, Chicago, Silicon Valley, Atlanta and Phoenix. These markets are now all experiencing under five percent vacancies. Development has grown where possible, with a record breaking 1.8 GW under construction across North America.
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