Intelligent Data Centres Issue 45 - Page 18

HILLSBORO HAS BECOME A VERY ATTRACTIVE DATA CENTRE MARKET DUE TO ITS GROWING COLLECTION OF COLOCATION FACILITIES .
DATA CENTRE PREDICTIONS
“ Hillsboro has become a very attractive data centre market due to its growing collection of colocation facilities , expansive fibre network infrastructure , access to Asia-Pacific undersea cables and proximity to a primary Internet exchange point ,” said Josh Ruttner , Senior Research Analyst , Data Center Solutions , CBRE . “ As a result , available land has become increasingly scarce .”
National trends
CBRE ’ s latest North American Data Center Trends Report found that 352.9 MW of new supply went online in the seven primary US data centre markets in the first half of 2022 , a 20 % increase year-over-year .
Despite the influx of additional capacity , data centre vacancy decreased to an average of 3.8 % across the seven primary markets in H1 2022 – down from 10.3 % in H1 2021 – as large cloud users raced to secure space to accommodate anticipated future growth . Significant preleasing of space under construction in prior years also contributed to the large drop in vacancy .
For the first time since 2017 , tight market conditions caused average asking rents

HILLSBORO HAS BECOME A VERY ATTRACTIVE DATA CENTRE MARKET DUE TO ITS GROWING COLLECTION OF COLOCATION FACILITIES .

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