Austin-San Antonio

Colocation Insights

• The overall vacancy rate remained near a record low at 2.3%.
• Pricing remained steady over the first half of the year.
• Under-construction capacity is 97% preleased.

Market Trends

• Hyperscalers and AI providers continued to show an interest in the market.
• Developers are focused on the northeast suburbs of Austin for available land served by Oncor.
• Increased interest in the Austin area has pushed activity south of Austin in Lower Colorado River Authority territory.

Notable Activity

• Under-construction activity totaled 462.0 MW.
• Three operators completed construction on fully preleased facilities.
• Regional utility providers are receiving historically large power requests.

Figure 1: Historical Market Information

Figure 2: Historical Supply and Demand

Figure 3: % of Total Secondary Market Inventory

Figure 4: Market Fuel Mix

Figure 5: Average Asking Rates