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Northern Virginia Still Ranks High for Data Centers

Investment in data centers totaled $18.2 billion in the first half of the year, more than double that for all of 2016, CBRE reports.

By Erika Morphy | erikamorphy | Updated on October 02, 2017

Iron Mountain’s Manassas facility

WASHINGTON, DC–Even as investment in the US data center sector continues to climb — it has reached record levels in the first half of 2017 — Northern Virginia remains the largest and most active data center market in the world, according to a new report from CBRE.

Investment in data centers totaled $18.2 billion in the first half of the year, more than double that for all of 2016, it reports. In addition, the US’ seven major data center markets — Atlanta, Chicago, Dallas/Ft. Worth, New York Tri-State Region, Northern Virginia, Phoenix and Silicon Valley — combined saw nearly 88 megawatts (MW) of positive occupancy gains in the first half of 2017, according to the report.

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