Chapter 5
New York Tri-State Data Center Market
North America Data Center Trends H2 2025
3 Minute Read
3 Minute Read
Colocation Insights
- Tight supply remains a challenge for occupiers requiring 5 MW or more of contiguous space.
- Pricing remains at record highs due to limited supply.
- PJM pricing increases continue to push occupiers to consider adjacent markets.
Market Trends
- High power costs and limited tax incentives are limiting growth compared to other markets.
- Speculative construction is limiting transaction volume.
Notable Activity
- New Jersey markets are seeing interest in available powered land.
- Financial services companies seeking low-latency workloads continue to drive demand.
- Multiple build-to-suit tenants are exploring locations in the market.
Figure 1: Historical Market Information
Figure 2: Historical Supply and Demand
Figure 3: % of Total Primary Market Inventory
Figure 4: Market Fuel Mix
Figure 5: Average Asking Rates
Report Contacts
Property Type
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