Demand for cloud services, AI infrastructure, and hyperscale computing has skyrocketed, sparking a major expansion in U.S. data center construction in the last year. CommercialCafe’s latest study examines the top U.S. markets with the most data center space in development. It also highlights the leading sales markets and the biggest data center deals of the decade.
The study analyzed the 94 largest U.S. data center markets, focusing on four key areas: active construction, inventory growth from 2015 to 2024, investment trends over the past decade, and the largest deals in the last 10 years.
Notable insights include:
- Denver recorded $343.8 million in sales since 2015, across 15 deals – placing it 9th among the top markets by sales volume.
- The Denver market was home to the 12th largest data center hub overall in terms of total inventory as of 2024.
- The Denver market has solidified its position as a key player in the data center sector, experiencing substantial growth from 2015 to 2024. Remarkably, nearly half of this growth occurred in 2019 alone.
- Looking at the overall ranking, Northern Virginia, within the Washington, D.C. market, remains the dominant force in the data center market, leading both in sales volume and development activity.
Explore the complete findings in the report here: https://www.commercialcafe.com/blog/americas-data-center-boom/
