Intelligent Investment
Houston
North America Data Center Trends H1 2023
September 6, 2023 4 Minute Read
Colocation Insights
- Vacancy is down to 24%, from 33% in H2 2022.
Market Trends
- Inventory is at an all-time high of 134.1 MW.
Notable Activity
- Element Critical, Databank and TRG each had materially high leasing activity, lowering vacancy.
Figure 1: Historical Market Information
Source: CBRE Research, CBRE Data Center Solutions, H1 2023.
Figure 2: Historical Supply and Demand
Source: CBRE Research, CBRE Data Center Solutions, H1 2023.
Figure 3: % of Total Secondary Market Inventory
Source: CBRE Research, CBRE Data Center Solutions, H1 2023.
Figure 4: Market Fuel Mix
Source: U.S. EIA.
Figure 5: Average Asking Rates
Source: CBRE Research, CBRE Data Center Solutions, H1 2023.
Explore Markets
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Vacancy is at 1.7%, nearly an all-time low.
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Operators and developers are evaluating new development because large blocks of existing inventory are very scarce.
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Data providers continue to scout available land and conversion opportunities in the North Valley, as development opportunities remain limited in downtown LA.
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