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Chicago’s Data Center Capacity Rises 30% Y-O-Y

Chicago’s ability to handle increased demand from large cloud users and global technology was addresse, as its data center inventory grew by 56.6 megawatts (MW) year over year in the first half of 2018, according to CBRE’s data center trends report. The addition marks a 30% increase in total inventory from H1 2017, and presents opportunities to large land users.

At least temporarily, the new inventory pushed vacancy up from 2.5% to 11.2% Y-O-Y. With a total inventory of 245 MW, Chicago remains the third-largest data center market in the country, ahead of Silicon Valley.

“While the increased vacancy rate might lead some observers to assume the Chicago market is in decline, history has shown that large increases in quality supply are ultimately very good for the overall growth of a market,” said CBRE’s Todd Bateman. “All indications are that the same will hold true for the Chicago market.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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