Intelligent Investment

Atlanta

North America Data Center Trends H2 2023

March 6, 2024 4 Minute Read

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Colocation Insights

  • A major hyperscaler is seeking 4,000 MW in the Atlanta market.
  • Active construction has increased by 211%, from 235.6 MW in H1 2023 to 732.6 MW in H2 2023.

Market Trends

  • Georgia Power has been announcing power delays of up to 36 months on substation buildouts.

Notable Activity

  • DC Blox will develop a 216-MW campus in Conyers, southeast of Atlanta.
  • Microsoft will develop a 350-acre campus in Rome, northwest of Atlanta.
  • STACK Infrastructure filed to build two data centers in Lithia Springs, also northwest of Atlanta.

Figure 1: Historical Market Information

Source: CBRE Research, CBRE Data Center Solutions, H2 2023.

Figure 2: Historical Supply and Demand

Source: CBRE Research, CBRE Data Center Solutions, H2 2023.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H2 2023.

Figure 4: Market Fuel Mix

Source: EIA.

Figure 5: Average Asking Rates

Source: EIA.

Explore Markets

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    Charlotte/Raleigh

    March 6, 2024

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    No large blocks of continuous colocation space (2 MW+) are available in the market.

  • Local Response | Intelligent Investment

    Dallas-Ft. Worth

    March 6, 2024

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    Lack of supply is causing a price increase across all requirements.

  • Local Response | Intelligent Investment

    Northern Virginia

    March 6, 2024

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    Public cloud providers and AI companies leased most of this market’s available space.

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