Intelligent Investment
Houston
North America Data Center Trends H2 2023
March 6, 2024 4 Minute Read

Colocation Insights
- Vacancy is down from 24% in H1 2023 to 19.7% in H2 2023.
- A major operator has 9 MW of expected deliveries over the next 18 months.
Market Trends
- There is continued occupier demand from the oil and gas industry.
Notable Activity
- Second-generation and legacy space is returning to the market.
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
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