The North American data center sector is charging full speed ahead, with colocation vacancy plummeting to a record low of 2.6% and absorption levels doubling in just two years, according to JLL, Chicago.
Tag: Data Centers
CBRE: North American Data Center Vacancy Rates at Record Low Despite Booming Supply
CBRE, Dallas, found North American data center supply grew strongly in the first half of 2024, but availability continued to tighten as demand related to cloud computing and artificial intelligence more than offset the new supply.
CBRE: North American Data Center Pricing, Supply Remain Strong in Primary Markets
CBRE, Dallas, found the primary market supply for data centers in North America grew 26% year-over-year in 2023.
Data Center Construction Reaches Record High, Driven by AI Growth: CBRE
Demand for data center space overshadowed economic uncertainty and concerns around power availability in the first half of 2023, according to CBRE. Construction of North American data centers reached a record high in part due to the continued growth of artificial intelligence.
CBRE: Rapid Global Data Center Growth Despite Power Supply Challenges
CBRE, Dallas, reported that power supply has struggled to keep pace with data center industry growth internationally.
CBRE: Rapid Global Data Center Growth Despite Power Supply Challenges
CBRE, Dallas, reported that power supply has struggled to keep pace with data center industry growth internationally.
JLL: Cloud Computing, AI Drive Data Center Growth
The mass adoption of cloud computing and artificial intelligence is driving “exponential” growth for data centers, reported JLL, Chicago.
Discussing Data Centers With JLL Valuation Advisory’s Stuart Miller
Stuart Miller is Senior Vice President and Data Center Lead for JLL Valuation Advisory. He leads a team responsible for valuations for secured lending advisory, portfolio valuation, financial reporting and purchase price allocations.
Discussing Data Centers With JLL Valuation Advisory’s Stuart Miller
Stuart Miller is Senior Vice President and Data Center Lead for JLL Valuation Advisory. He leads a team responsible for valuations for secured lending advisory, portfolio valuation, financial reporting and purchase price allocations.
Discussing Data Centers With JLL Valuation Advisory’s Stuart Miller
Stuart Miller is Senior Vice President and Data Center Lead for JLL Valuation Advisory. He leads a team responsible for valuations for secured lending advisory, portfolio valuation, financial reporting and purchase price allocations.