Report Sees Data Center Vacancy Rates Achieving Another All-Time Low
Techstrong.IT, Monday, August 18th, 2025
An analysis of the data center collocation market published today by JLL, a provider of commercial real estate services, finds that only 2.3% of the more than 15.5 gigawatts of current capacity in North America is currently vacant for a new all-time low.
Additionally, while more than 7.8 GW of data center capacity is under construction, nearly three-quarters of it has already been pre-leased.
Sean Farney, vice president of data center strategy for JLL, said IT leaders will, as a result, need to make some strategic infrastructure decisions in the months ahead by either attempting to lease colocation space long before applications are developed, deploy workloads on cloud services or, if they have the financial resources, build their own data centers.
In many cases, organizations are now committing to leasing data center capacity 18 to 24 months ahead of when it might be needed, according to the JLL report.