Intelligent Investment
Austin/San Antonio
North America Data Center Trends H2 2023
March 6, 2024 4 Minute Read
Colocation Insights
- Vacancy remains near its all-time low, at 1.8%.
- Lack of readily available supply is causing a pricing increase.
- 80% of under-construction capacity is preleased, which is way above average.
Market Trends
- There is increased interest from hyperscalers.
- There is currently construction in Austin’s suburbs, adjacent to its downtown.
Notable Activity
- Activity is increasing in Hutton, north of Austin.
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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Lack of supply is causing a price increase across all requirements.
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