Update from the Data Center Brokerage Front Lines: If you own or are marketing a industrial building with at least 18 foot clear, Data Center by right zoning, and close to a substation with spare capacity, your building is getting more valuable by the day !
@SpaceCoastCRE Itโs a mad rush to take every MW they can find now. I hope that Space is the answer but until itโs a proven concept they are going to focus on earth for now.
JP Morgan on AI data center spending.
Eye-popping projections:
"Data center capex among the top 4 U.S. cloud service providers continues to trend higher for 2026 following the last update, as the industry continues to see investments in AI and related infrastructure accelerating, driving another upward revision to the outlook โ from +52% to +63% growth in 2026 โ with robust double-digit growth increases evident across all U.S. hyperscalers. On a dollar basis, the growth implies a significant increase of more than +$200 bn of additional data center capex in 2026, the largest annual step-up to date, surpassing the record set in 2025. Importantly, we are establishing our forecast for data center capex from Top 4 U.S. cloud service providers in 2027 to expand at a robust pace of 40% โ which, although implying a moderation in the growth rate, translates into a new record of $210 bn+ increase in spending, already surpassing the robust $200 bn+ annual step-up we are forecasting in 2026."