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.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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].