Colocation Insights

  • Colocation requirements of 10 MW or more of contiguous space are commanding a premium due to limited availability.
  • Thorough planning for capacity is crucial for colocation providers and occupiers to establish fair market values.

Market Trends

  • Pricing continues to surpass other North American markets, driven by tight vacancy rates.
  • New construction activity remained limited by power challenges.

Notable Activity

  • Several projects have been preleased and are slated for completion in H1 2026.
  • Silicon Valley Power’s 4% rate increase took effect in January 2026.
  • Amazon Data Services secured approval for a 56-acre data center development in Gilroy.

Figure 1: Historical Market Information

Source: CBRE Research, CBRE Data Center Solutions, H2 2025.

Figure 2: Historical Supply and Demand

Source: CBRE Research, CBRE Data Center Solutions, H2 2025.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H2 2025.

Figure 4: Market Fuel Mix

Source: Silicon Valley Power.

Figure 5: Average Asking Rates

Source: CBRE Research, CBRE Data Center Solutions, H2 2025.
Several server racks, showcasing a robust IT infrastructure suitable for technology companies or data centers.
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.