U.S. Data Centers Enjoy Record Setting Leasing Year in 2018

According to CBRE's latest U.S. Data Center Trends Report, demand from large cloud users drove U.S. data center leasing to record levels in 2018, providing momentum for new construction in the sector this year. The seven primary U.S. data center markets saw 303 megawatts (MW) of net absorption in 2018, up more than 16 percent from 2017's then-record total. That absorption nearly eclipsed the 322 MW of capacity added last year. Northern Virginia, the largest data center market in the world, accounted for 58 percent of net absorption in the primary markets.