Phoenix Metro Drives Data Center Growth, Leasing In The US

Article originally posted on Phoenix Business Journal on September 20, 2022

The Phoenix metro is struggling to keep up with data center demand as it tops the nation in construction and leasing, according to real estate experts.

The Valley had 280 megawatts of absorption, which is how much new power was occupied minus what became vacant, in the first half of this year, just ahead of northern Virginia. This is a significant increase from the same time last year, which only saw about 26 megawatts of absorption in the Phoenix metro.

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