Unbuilt data centers in high demand as firms secure space years in advance

The numbers are staggering – real estate firm CBRE found that a whopping 84% of the massive data center capacity currently under construction in the US has already been pre-leased. To put that in perspective, the typical pre-leasing rate hovered around just 50% over the last few years.Read Entire Article

May 20, 2024 - 15:50
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Unbuilt data centers in high demand as firms secure space years in advance

The numbers are staggering – real estate firm CBRE found that a whopping 84% of the massive data center capacity currently under construction in the US has already been pre-leased. To put that in perspective, the typical pre-leasing rate hovered around just 50% over the last few years.

Read Entire Article

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