Intelligent Investment

Atlanta

North America Data Center Trends H1 2024

agosto 19, 2024 4 Consumo de tiempo Read

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Colocation Insights

  • Continued preleasing activity kept vacancy rates historically low.
  • Several 6 MW leases were signed by AI providers.
  • Lease rates for renewals and new requirements were at an all-time high.

Market Trends

  • Developers requested 23,000 MWs in additional capacity from the local utility company to accommodate new data center projects.
  • New metro Atlanta submarkets began to open for data center development.

Notable Activity

  • Henry County had more than 500 MWs of data center projects underway.
  • Multiple data center projects continued to expand westward from Lithia Springs and through I-20 East toward Social Circle.
  • Edge continued to develop multiple data center buildings with more than 40 MWs of power scheduled for delivery over the next 24 to 36 months.

Figure 1: Historical Market Information

 
Source: CBRE Research, CBRE Data Center Solutions, H1 2024.

Figure 2: Historical Supply and Demand

 
Source: CBRE Research, CBRE Data Center Solutions, H1 2024.

Figure 3: % of Total Primary Market Inventory

 
Source: CBRE Research, CBRE Data Center Solutions, H1 2024.

Figure 4: Market Fuel Mix

 
Source: EIA.

Figure 5: Average Asking Rates

 
Source: CBRE Research, CBRE Data Center Solutions, H1 2024.

Explore More Markets

  • Informe regional | Intelligent Investment

    Charlotte/Raleigh

    agosto 19, 2024

    north-america-data-center-trends-h1-2024-CHARLOTTE-hero

    CyrusOne announced plans to deliver more than 1 MW of additional capacity.

  • Informe regional | Intelligent Investment

    Dallas-Ft. Worth

    agosto 19, 2024

    north-america-data-center-trends-h1-2024-DALLAS-hero

    Preleasing hit a record-high 94.5% of MW under construction.

  • Informe regional | Intelligent Investment

    Northern Virginia

    agosto 19, 2024

    north-america-data-center-trends-h1-2024-NORTHERN-VIRGINIA-hero

    Rental rates continued to rise as the vacancy rate was near zero.

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