The data center market has remained resilient throughout the first half of 2020, due in large part to the critical role they play in business continuity.
CBRE Group recently issued a report finding that in the first half of the year the seven primary US data center markets registered 134.9 megawatts of neg absorption. Although this was down from record levels seen in the first half of 2018 and 2019, the numbers are still higher than the same periods in 2016 and 2017.
The Canadian data center market also had a strong first half of the year, with Toronto exceeding the absorption levels from the second half of 2019.
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Max Mitchell
Max Mitchell is ALM's Regional Managing Editor for The Legal Intelligencer, New Jersey Law Journal, Delaware Business Court Insider and Delaware Law Weekly. Follow him on Twitter @MMitchellTLI. His email is [email protected].
