Colocation Insights

  • Single-tenant leasing activity remains strong. Turnkey facilities and build-to-suit projects are preleasing approximately 12 months and 2.5 years before completion, respectively.
  • Neocloud providers continue to improve their credit profiles through strategic partnerships, capital backing and lease structures that meet institutional underwriting requirements.
  • Several colocation operators are reserving capacity for enterprise customers to diversify their customer base.

Market Trends

  • Georgia remains one of the nation's most attractive markets for AI, hyperscale cloud and enterprise data center development, even amid ongoing entitlement and power delivery challenges.
  • The state continues to offer a highly competitive business environment relative to many primary data center markets, supported by favorable tax incentives, available construction labor, a mature supply chain and lower operating costs.
  • Electric membership cooperatives are increasingly partnering with third-party generation providers to expand power sourcing options, offering customers more flexible in-service timelines, lower collateral requirements and long-term energy pricing.

Notable Activity

  • Several inactive hyperscale users in Georgia have recently executed or announced significant multi-megawatt leasing commitments.
  • Developers have announced gigawatt-scale campuses across South Georgia and other rural markets, driven by transmission availability, load-balancing requirements, reduced entitlement risk and growing state support for economic development in rural areas.

Figure 1: Historical Market Information

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 2: Historical Supply and Demand

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 4: Market Fuel Mix

Source: EIA.

Figure 5: Average Asking Rates

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Report Contacts

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Property Type

Data Center Solutions

Our lifecycle data center service offering consolidates your data center real estate, facilities and technology systems into a single operational and financial model.