Haynes StraderAUSTIN–The Austin-San Antonio market saw above historical average activity in data center development in the first half of 2018, according to CBRE's latest US Data Center Trends Report.
Much of the market demand is coming from large, hyperscale users offering a mixture of internet cloud exchanges, the report says. Large expansions plus an increase in smaller wholesale deployments is largely behind the activity, according to CBRE.
Specifically, Austin and San Antonio added 9.8 megawatts of in the first half of 2018, with eight megawatts under construction to meet demand. Despite the new supply, the market's vacancy rate dropped 130 basis points year-over-year to 8.1%.
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