Have you seen all the data centers popping up across Georgia and wondered whether all that digital storage space is being used?
Well, they’re pretty much all full. And most of the ones under construction are leased up, too, even before they’ve opened.
Atlanta’s data center market ended March with a vacancy rate of 1%, a staggeringly low figure in commercial development, according to new data from real estate services firm CBRE. The lack of availability highlights an Atlanta market with what seems to be an unquenchable thirst for more digital storage space, which shows why so many are under construction.
This comes as the Atlanta area is already experiencing an unprecedented amount of data center construction in recent years, which has sparked backlash across Georgia over the potential ramifications…