CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
apac-data-centres-landing-page-mobile.png apac-data-centres-desktop.png

Americas Data Center Update

Get an overview of top Americas data center markets.

As interest in the deployment of AI and cloud data centers increased in the first half of 2024, both established and emerging markets continued to grow, with absorption looking to exceed 2023’s record levels. Power availability remains the key concern, with developers scouring wide geographic areas for sizeable power options within the next two to three years. Even as supply pipelines grow, demand has continued to race ahead—leading to ever lower vacancy rates across the board.  

In the latter half of 2023, absorption rates have either matched or surpassed leasing velocity. As with last year, a significant portion of this absorption consisted of preleased and built-to-suit projects, which accounted for 78% of all delivered projects. Most of this capacity was allocated for hyperscalers, facilitating cloud expansion and supporting both computation and storage for artificial intelligence deployments across various sectors. 

Power availability is the greatest consideration for data center developers, with operators seeking two- to three-year delivery times but many encountering over five-year timelines for future power in multiple markets. Where utility providers have been unable to provide power sooner, certain operators have collaborated with power companies to deliver substations, transmission lines or to source micro-grid power. Many of these agreements are now being signed directly with third party energy generation developers with wind, solar, battery storage, natural gas and even geothermal developments moving quickly across markets. Going forward, we expect to see more operators continue to acquire large acreage, high power capacity sites in even more rural markets. Additionally, some operators will begin to work to secure power along longer timelines.  

AI data centers are increasingly becoming a significant part of both hyperscale and colocation development pipelines. Plans for AI training facilities primarily focus on large, rural sites that are less dependent on low latency, while AI inference facilities are typically located near major cloud regions. While hyperscalers remain the primary end users in this space, there are several GPU cloud providers entering the user arena with interest in hyperscale-level capacity across the region.  

As hyperscale growth persists in both established and emerging markets, expect subsequent developments in newly established data center markets. Providers and investors will increasingly focus on power transmission and the deployment of hyperscale solutions.   

Key markets featured in this report include: 

North America:   Latin America:  
  • Atlanta  
  • Austin  
  • Chicago  
  • Columbus  
  • Dallas  
  • Montreal
  • New York / New Jersey      
  • North Virginia  
  • Phoenix  
  • Portland  
  • Silicon Valley  
  • Toronto 
  • Bogotá  
  • Queretaro  
  • Santiago  
  • São Paulo

Want more information about data centers?

Subscribe to stay updated about what's next for the data center sector of commercial real estate. We also deliver full services from site selection, appraisals, and facilities management to sales and leasing, using deep data center expertise.

Related Insights

2024 Global Data Center Market Comparison Report
Research

2024 Global Data Center Market Comparison

Explore a unique way to assess and score 92 global primary and emerging data center markets utilizing 14 criteria.
Jacob Albers • 3/26/2024
Insights

$name

Data-Center-Update_EMEA_web-card-q32022
Research

EMEA Data Centre Market Update

EMEA now totals to a massive 7.6GW of operational IT data centre capacity, a 10% rise from H1 2023. In addition, the region has 2.3GW capacity under construction and 6.6GW in planned stages. 
Andrew Fray • 5/2/2024
Global Cloud Report Card Image
Research • Technology

State of the Cloud: Data Center Global Cloud Report

The recent pandemic has accelerated the move of companies large and small to the major cloud services. They are drawn by the scalability and accessibility of these platforms that are in place to assist with the complexities of a fully distributed workforce.  
Andrew Fray • 8/27/2020

Ready to talk?

We look forward to connecting with you.

A Cushman & Wakefield utiliza cookies para analisar o tráfego e oferecer a melhor experiência aos nossos clientes neste sítio da Web. Encerre este diálogo para confirmar o seu consentimento ou visite esta página para saber mais:
Aviso de cookies

MORE OPTIONS
Concordar e Encerrar
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS