Infrastructure
How much is being built, and whether it fills up.
06
Data-center construction & preleasing
Data-center capacity being built, in megawatts, and how much of it is already leased.
CBRE North America Data Center Trends · North America primary markets (CBRE) (%)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market share of under-construction capacity preleasedmanual | 80.40% | 30 Jun 2026 | Current |
CBRE North America Data Center Trends · North America primary markets (CBRE) (MW)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market capacity under constructionmanual | 7.5K MW | 30 Jun 2026 | Prior +24.8% | Current |
JLL North America Data Center Report · North America data centers incl. hyperscale-owned and frontier markets (JLL) (%)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America share of under-construction capacity pre-committed (expanded coverage)manual | 95.00% | 30 Jun 2026 | Prior +3.00 pp | Current |
JLL North America Data Center Report · North America data centers incl. hyperscale-owned and frontier markets (JLL) (MW)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America data-center capacity under construction (expanded coverage)manual | 66K MW | 30 Jun 2026 | Prior +88.6% | Current |
JLL North America Data Center Report · North America colocation market (JLL, pre-YE2025 coverage) (%)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America colocation share of under-construction capacity preleased | — | — | Awaiting data |
JLL North America Data Center Report · North America colocation market (JLL, pre-YE2025 coverage) (MW)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America colocation capacity under construction | — | — | Awaiting data |
JLL U.S. Data Center Report · United States colocation market (JLL) (%)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL U.S. colocation pre-leasing rate | — | — | Awaiting data |
JLL U.S. Data Center Report · United States colocation market (JLL) (MW)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL U.S. colocation capacity under construction | — | — | Awaiting data |
How to read this
Warning signs
Building speeds up while less of it is leased in advance. More capacity is being built on speculation.
Keep in mind
- Brokers define markets differently. CBRE and JLL figures are never merged.
- Reports come out twice a year, with a delay.
07
Vacancy & net absorption
The share of finished capacity sitting empty, and how much new space tenants took up each period.
CBRE North America Data Center Trends · North America primary markets (CBRE) (USD/kW/month)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market average asking rent, 250-500 kW requirementmanual | 196.25 USD/kW/month | 31 Dec 2025 | Stale |
CBRE North America Data Center Trends · North America primary markets (CBRE) (MW)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market data-center supply (inventory)manual | 10.9K MW | 30 Jun 2026 | Prior +15.6% | Current |
| CBRE North America primary-market half-year net absorptionmanual | 1.5K MW | 30 Jun 2026 | Current |
CBRE North America Data Center Trends · North America primary markets (CBRE) (MW, annual)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market full-year net absorptionmanual | 2.5K MW | 31 Dec 2025 | Current |
CBRE North America Data Center Trends · North America primary markets (CBRE) (%)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| CBRE North America primary-market data-center vacancymanual | 1.40% | 30 Jun 2026 | Prior ±0.00 pp | Current |
JLL North America Data Center Report · North America data centers incl. hyperscale-owned and frontier markets (JLL) (MW)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America data-center active capacity (expanded coverage)manual | 39K MW | 31 Dec 2025 | Stale | |
| JLL North America data-center half-year absorption (expanded coverage)manual | 25K MW | 30 Jun 2026 | Current |
JLL North America Data Center Report · North America data centers incl. hyperscale-owned and frontier markets (JLL) (%)
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America data-center vacancy (expanded coverage)manual | 1.00% | 30 Jun 2026 | Prior ±0.00 pp | Current |
JLL North America Data Center Report · North America colocation market (JLL, pre-YE2025 coverage) (USD/kW/month)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America colocation average asking rent, 250 kW-1 MW | — | — | Awaiting data |
JLL North America Data Center Report · North America colocation market (JLL, pre-YE2025 coverage) (MW)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America colocation inventory | — | — | Awaiting data | |
| JLL North America colocation absorption | — | — | Awaiting data |
JLL North America Data Center Report · North America colocation market (JLL, pre-YE2025 coverage) (%)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL North America colocation data-center vacancy | — | — | Awaiting data |
JLL U.S. Data Center Report · United States colocation market (JLL) (MW)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL U.S. colocation inventory | — | — | Awaiting data | |
| JLL U.S. colocation half-year absorption | — | — | Awaiting data |
JLL U.S. Data Center Report · United States colocation market (JLL) (%)
No observations in the selected rangeValues are never synthesized to fill gaps. Try a longer range.
| Series | Latest | Observed | Change | Status |
|---|---|---|---|---|
| JLL U.S. colocation data-center vacancy | — | — | Awaiting data |
How to read this
Warning signs
Vacancy rising from record lows while take-up slows and asking rents flatten or fall.
Keep in mind
- Power shortages limit new supply and can keep vacancy artificially low.
- Only finished, powered capacity counts here, not announced projects.