Data Center Drought: A Thirst For Space In A Desert Of Supply

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The booming artificial intelligence (AI) industry has propelled North American data center construction to an all-time high, according to a report from commercial real estate firm CBRE. CBRE’sNorth American Data Center Trends report found that 2,287.6 megawatts (MW) of data center supply is under construction in primary markets, with 70% of it already preleased. That’s up from 1,830.3 MW under construction at the same time last year. “Data center construction is at an all-time high, driven by strong demand from all users, including AI, hyperscale and enterprise,” said Pat Lynch, executive mana…

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