Intelligent Investment
Seattle
North America Data Center Trends H1 2025
2025 年 09 月 08 日 4 分鐘 閱讀
Colocation Insights
- AI, enterprise and hyperscalers are fueling colocation demand.
- A state sales and use tax exemption for qualifying data center tenants and operators has boosted leasing activity in the Puget Sound area.
Market Trends
- Providers offering dense power solutions and fast-track occupancy options are drawing attention from occupiers.
- Liquid cooling systems are gaining adoption as rack density increases.
- Consideration of quiet and clean-air gas-powered generators (without public utility interconnection queues) can offer fast-track solutions while awaiting utility power upgrades.
Notable Activity
- Digital Realty's SEA10 (The Westin) is seeing increased colocation demand of up to 1 MW.
- Sabey's 6-MW expansion at SDC Building 5 is scheduled for delivery to two tenants in Q1 2026.
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
Explore More Markets
Central Washington's data center market driven by hyperscalers, single-tenant leases and alternative power solutions.
NTT expands data center capacity in Hillsboro, Oregon. Smaller data centers face space constraints as Oregon's legislature passes cost allocation bill.
Colocation demand soars in Silicon Valley driven by local tech companies with over 50 MW of capacity available or under construction.
