CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.
Tag: Pat Lynch
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.
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.
CBRE: Record Low Data Center Vacancies Despite Increased Supply in H1 2022
The North American data center market added significant new supply this year, but overall vacancy declined to a record low, reported CBRE, Dallas.
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.