Intelligent Investment
Hillsboro
North America Data Center Trends H2 2023
March 6, 2024 4 Minute Read
Colocation Insights
- CoreWeave leased space at Flexential’s campus.
- Active construction remains high at 280 MW in H2 2023, with 93.4% preleased.
Market Trends
- The Port of Cascade Locks and Roundhouse Inc. canceled plans for a 10-MW, $100 million data center development.
- Strong activity continues in Umatilla.
Notable Activity
- Aligned Data Centers broke ground on PDX-01, a 72-MW project.
Figure 1: New Market Development Information
Figure 2: New Market Inventory and Vacancy
Figure 3: % of Total Primary Market Inventory
Figure 4: Market Fuel Mix
Figure 5: Average Asking Rates
Explore Markets
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Rental rates remain firm as space and power supply declines.
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Centeris Data Centers leased 10.5 MW to a retail provider.
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There was significant preleasing volume in 2023 for spaces over 1 MW.
Report Contacts
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Data Center Solutions
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