Intelligent Investment
Houston
North America Data Center Trends H1 2024
August 19, 2024 4 Minute Read
Colocation Insights
- The overall vacancy rate fell to 14.4% in H1 2024 from 19.7% in H2 2023.
- A major operator plans to deliver 9 MW of additional capacity over the next 18 months.
Market Trends
- There is continued occupier demand from the oil & gas industry.
Notable Activity
- Second-generation and legacy space is returning to the market.
Figure 1: Historical Market Information
Figure 2: Historical Supply and Demand
Figure 3: % of Total Secondary Market Inventory
Figure 4: Market Fuel Mix
Figure 5: Average Asking Rates
Explore More Markets
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The overall vacancy rate remained at a record-low 1.8%.
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Preleasing hit a record-high 94.5% of MW under construction.
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Flexential is building a new data center in Parker, CO.
Report Contacts
Related Service
- Property Type
Data Center Solutions
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