WASHINGTON, DC–Northern Virginia remains the top data center market in the US, which is not that great of a surprise given the robust activity in the region. What is a surprise, though, is how fast and how far the region has outstripped other areas where data center operations are concentrated, such as Silicon Valley, over the past year.
Consider the following stats, according to a new report by JLL:
In June, there was 78 megawatts of net absorption in Northern Virginia for data center capacity. (Roughly one megawatt equals 150 square feet of data center space).
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
