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Research - FEBRUARY 26, 2020

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North American data center inventory increased in 2019

by Andrea Zander

Overall, wholesale data center inventory increased by 488.7 megawatts across primary North American markets in 2019, up 23 percent year-over-year, reported CBRE.

Net absorption across all primary markets reached an all-time high of 396.4 megawatts in 2019, an increase of 99.1 megawatts from 2018.

Expansions by cloud service providers in 2019 resulted in new data center deliveries. While “cloud first” initiatives remain top of mind for end users, demand for colocation and on-premise space remains strong.

Under construction capacity in primary markets decreased in 2019. At year end, 282.7 megawatts was under construction, compared with 502.0 megawatts in 2018. The decrease is partially due to many of these projects delivering in 2019.

 

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