Chapter 5
New York Tri-State Data Center Market
North America Data Center Trends H2 2025
3 Minute Read
3 Minute Read
Colocation Insights
- Tight supply remains a challenge for occupiers requiring 5 MW or more of contiguous space.
- Pricing remains at record highs due to limited supply.
- PJM pricing increases continue to push occupiers to consider adjacent markets.
Market Trends
- High power costs and limited tax incentives are limiting growth compared to other markets.
- Speculative construction is limiting transaction volume.
Notable Activity
- New Jersey markets are seeing interest in available powered land.
- Financial services companies seeking low-latency workloads continue to drive demand.
- Multiple build-to-suit tenants are exploring locations in the market.
Figure 1: Historical Market Information
Figure 2: Historical Supply and Demand
Figure 3: % of Total Primary Market Inventory
Figure 4: Market Fuel Mix
Figure 5: Average Asking Rates
Report Contacts
William Hassan
Executive Vice President
Jonathan Meisel
Senior Vice President
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.