November 14, 2024 7:14 pm
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Tight data center supply sparks growth in Phoenix

A rendering of Iron Mountain’s Phoenix Data Center expansion. / Provided rendering / AZBigMedia

AZBigMedia

Tight supply in major U.S. data center markets, including Silicon Valley, has led occupiers to expand into Phoenix, which has record levels of data center construction underway, according to CBRE’s latest U.S. Data Center Trends Report. Phoenix has 61.4 megawatts (MW) currently under construction, with more than 120 MW announced for future buildout.

Expansions and new facilities are underway from providers such as CyrusOne, Aligned Data Centers, Iron Mountain and EdgeCore. 

Since the first half of 2017, Phoenix has added 46 MW of inventory, making Phoenix the fifth largest data market in the country, with a total inventory of 212.9 MW.

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