Even as data centers pop up across D-FW, growth isn’t keeping up with demand

Even with record new data center supply in North Texas this year, data center vacancy decreased year-over-year from 6.9% to 4.1%.North Texas net leasing activity was the second highest among 18 data center markets that CBRE tracks. Only Northern Virginia saw more data center demand.

D-FW net leasing was up almost 85%. And more than 90% of the data center space being built in the D-FW area is already leased to users. “The lack of available data center space in D-FW, as well as all other major markets, has become more pronounced over the last six months,” CBRE’s Chris Herrmann said. “We expect demand to remain strong with AI driving leasing opportunities as developers are now having to look for land in different D-FW submarkets that previously were not considered for data center use.

plans for a more than $600 million data center in Red Oak south of Dallas. The first phase of the project at 156 N. Austin Blvd. will be about 285,000 square feet.

Source: Domain Hosting News (domainhostingnews.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No. 4 Texas Longhorns try to stay grounded even as hype level soars after beating AlabamaThe hype is coming for the Texas Longhorns like it hasn’t in years.
Source: ksatnews - 🏆 442. / 53 Read more »

No. 4 Texas Longhorns try to stay grounded even as hype level soars after beating AlabamaThe hype is coming for the Texas Longhorns like it hasn’t in years. That's what happens when you knock off Alabama on the road and get your first win over a top-five team in 15 years.
Source: AP - 🏆 728. / 51 Read more »

Rain expected in parts of North Texas Sunday evening; cooler conditions coming next weekSome parts of North Texas could see rain overnight Sunday, with rain chances persisting throughout this week in Dallas-Fort Worth, according to the National...
Source: dallasnews - 🏆 18. / 71 Read more »

Chef, company team up to volunteer at North Texas Food BankA national brand and a celebrity chef did SomethingGood to fight hunger in North Texas.
Source: NBCDFW - 🏆 288. / 63 Read more »

North Texas actors and writers rally in support of nationwide SAG-AFTRA, WGA strikeNorth Texas film and TV workers striking for better pay and artificial intelligence protections hosted a rally in Dallas Saturday morning to show they're part...
Source: dallasnews - 🏆 18. / 71 Read more »

North Texas woman files complaint after she says police mistakenly kicked in her doorA Red Oak woman says police officers responding to a domestic violence call mistakenly tried to kick in her apartment door and never announced themselves. A...
Source: dallasnews - 🏆 18. / 71 Read more »