【World Property Journal】U.S. Data Center Industry Enjoys Record Leasing, Construction Activity in 2019

Based on CBRE's latest U.S. Data Center Trends Report, driven by demand from large enterprise and cloud users, U.S. data center leasing and construction completions reached record levels in 2019.

The seven primary U.S. data center markets saw 396.4 megawatts (MW) of net absorption in 2019, a 33 percent increase over 2018's then-record level. Northern Virginia, the largest data center market in the world, accounted for 64 percent of net absorption in the primary markets. 

"While many enterprises are outsourcing a growing percentage of their IT requirements to cloud providers, demand for colocation and on-premise space remains strong," said Pat Lynch, Senior Managing Director, Data Center Solutions, CBRE. "This reflects the increasing popularity of hybrid IT strategies, which empower users to capitalize on the flexibility and connectivity offered by cloud providers while maintaining control over applications and testing environments."
 

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