2022 Data Center Leasing Rises 40%; Vacancy at Record Low

CBRE, Dallas, said North American data center leasing reached record levels and vacancy fell to a record low in 2022, but constraints on building new data center capacity could hamper the sector’s continued growth.

Data Center Market Shatters Leasing Records

North American data center leasing reached record levels last year, driven by demand from large cloud service providers and social media companies, reported CBRE, Dallas.

Data Centers Seeing Strong Growth

Data centers had a fantastic first half of 2021, with strong absorption delayed only by a lack of supply, reported Cushman & Wakefield, Chicago.

Data Centers Bright Spot in Pandemic Economy

Where some see challenges, others see opportunity–and business data centers proved resilient in the first half of 2020 as many businesses implemented hybrid IT infrastructure to improve their remote work capabilities and streaming content providers saw increased viewership due to the COVID-19 pandemic, said CBRE, Los Angeles.