September 15, 2020
Driven by an abundant supply of inexpensive, reliable green energy and demand from cloud providers, Central Washington recorded the third-most data center leasing activity in North America in the first half of 2020, according to CBRE’s latest North American Data Center Trends Report.
Central Washington, which is composed of the Quincy, East Wenatchee and Moses Lake markets, experienced 13.9 megawatts (MW) of net wholesale absorption in H1 2020, trailing only Northern Virginia and Toronto. Seattle, which did not rank among the top 10 most-active markets, recorded 1.5 MW of net absorption in the first half of the year.
CBRE’s Jane Blair says, “Central Washington offers some of North America’s lowest total occupancy costs for data centers with abundant, reliable and renewable hydro power energy at +/- $.03 cents per kilowatt hour.” Blair also noted the state’s tax structure on data center equipment and fiber connectivity are key factors attracting operators the region.
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