Chapter 7
Phoenix Data Center Market
North America Data Center Trends H2 2025
3 Minute Read
3 Minute Read
Colocation Insights
- The colocation space and power absorption of four citywide projects totaled 256 MW in H2 2025.
- Full-scale colocation projects in Mesa, Phoenix, Avondale, Goodyear and Glendale are expected to complete within the next 12 months.
Market Trends
- SRP and APS power-delivery restrictions are limiting the availability of powered land sites.
- Hyperscaler demand remained strong, driving rent stability and preleasing.
Notable Activity
- Menlo Properties demolished an office campus in Phoenix and started construction on a new data center project.
- SRP is processing its first cluster study of 25 applicants. Initial results are mixed.
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 Contact
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.