Industrial Markets
Comprehensive industrial real estate data across 298 markets and 2,941 submarkets. Powered by CoStar.
Data centres are classified as industrial property. This data provides context for site selection, land valuation, and market comparison for data centre development.
298
Markets
35.2B
Total Inventory SF
$5.2T
Total Asset Value
3.0B
Available SF
606M
Under Construction
Industrial market data from CoStar. Data centres are classified under the industrial property sector. 2,941 submarkets aggregated to market level.
| Market | Inventory - | Available | Vacancy | Asset Value | Under Constr | 12mo Absorb | 12mo Sales | Rent | Cap Rate |
|---|---|---|---|---|---|---|---|---|---|
▶Chicago - IL USA 27 submarkets - click to explore | 1.4B | 118M | 4.7% | $140.6B | 20M | +8M | $4.4B | $11.60 | 7.8% |
▶Dallas-Fort Worth - TX USA 44 submarkets - click to explore | 1.2B | 140M | 8.5% | $190.1B | 42M | +31M | $2.6B | $10.45 | 5.4% |
▶Los Angeles - CA USA 31 submarkets - click to explore | 967M | 79M | 6.5% | $307.1B | 3M | -2017444 | $5.4B | $15.74 | 5.1% |
▶Toronto CAN 10 submarkets - click to explore | 903M | 57M | 4.1% | $241.5B | 14M | +8M | $3.8B | $13.40 | 4.7% |
▶Atlanta - GA USA 34 submarkets - click to explore | 875M | 101M | 7.7% | $115.0B | 23M | +4M | $6.3B | $9.03 | 6.3% |
▶Houston - TX USA 30 submarkets - click to explore | 872M | 96M | 6.6% | $101.5B | 31M | +16M | $1.9B | $9.13 | 7.5% |
▶Inland Empire - CA USA 15 submarkets - click to explore | 795M | 99M | 8.4% | $210.5B | 10M | +779K | $3.2B | $12.50 | 4.6% |
▶Philadelphia - PA USA 22 submarkets - click to explore | 642M | 64M | 10.4% | $87.0B | 6M | +4M | $2.5B | $11.66 | 6.3% |
▶Detroit - MI USA 23 submarkets - click to explore | 641M | 41M | 5.3% | $48.1B | 3M | -577774 | $873M | $10.13 | 10.2% |
▶New York - NY USA 51 submarkets - click to explore | 565M | 53M | 7.7% | $174.4B | 2M | -963342 | $2.8B | $33.22 | 5.7% |
▶Phoenix - AZ USA 31 submarkets - click to explore | 521M | 70M | 9.5% | $103.1B | 21M | +19M | $5.2B | $15.23 | 6.8% |
▶Montréal CAN 13 submarkets - click to explore | 463M | 40M | 6.5% | $58.4B | 2M | -2527532 | $1.4B | $9.86 | 6.6% |
▶Minneapolis - MN USA 16 submarkets - click to explore | 441M | 33M | 3.0% | $47.6B | 7M | +1M | $2.0B | $9.05 | 8.3% |
▶Indianapolis - IN USA 33 submarkets - click to explore | 432M | 30M | 6.0% | $35.3B | 7M | +13M | $1.5B | $6.55 | 8.4% |
▶Charlotte - NC USA 23 submarkets - click to explore | 407M | 47M | 8.6% | $48.9B | 8M | +4M | $2.8B | $10.74 | 6.9% |
▶Columbus - OH USA 22 submarkets - click to explore | 392M | 31M | 7.0% | $40.4B | 13M | +13M | $1.7B | $7.54 | 6.6% |
▶Kansas City - MO USA 34 submarkets - click to explore | 381M | 27M | 5.7% | $26.6B | 7M | +6M | $421M | $7.97 | 9.0% |
▶Boston - MA USA 34 submarkets - click to explore | 375M | 41M | 9.7% | $76.9B | 2M | -2705005 | $2.3B | $19.96 | 7.1% |
▶Seattle - WA USA 50 submarkets - click to explore | 370M | 46M | 9.9% | $92.0B | 2M | -1989208 | $2.3B | $12.49 | 5.7% |
▶Cincinnati - OH USA 21 submarkets - click to explore | 369M | 23M | 3.7% | $28.6B | 2M | +6M | $438M | $7.94 | 8.4% |
▶Cleveland - OH USA 30 submarkets - click to explore | 368M | 21M | 4.3% | $20.2B | 374K | -795328 | $402M | $8.14 | 9.3% |
▶Saint Louis - MO USA 24 submarkets - click to explore | 345M | 25M | 5.4% | $24.5B | 4M | -2878646 | $337M | $5.85 | 8.0% |
▶Memphis - TN USA 12 submarkets - click to explore | 333M | 34M | 8.6% | $19.4B | 1M | +915K | $389M | $5.40 | 8.7% |
▶Lakewood-New Brunswick - NJ USA 10 submarkets - click to explore | 329M | 41M | 7.9% | $81.5B | 5M | +881K | $1.6B | $13.97 | 5.3% |
▶Washington - DC USA 62 submarkets - click to explore | 326M | 25M | 8.0% | $96.0B | 32M | +6M | $3.1B | $21.04 | 5.9% |
▶Orange County - CA USA 27 submarkets - click to explore | 305M | 26M | 7.2% | $107.2B | 828K | -1750224 | $2.1B | $18.18 | 5.4% |
▶Nashville - TN USA 16 submarkets - click to explore | 295M | 32M | 6.4% | $40.0B | 13M | +2M | $1.9B | $12.22 | 6.4% |
▶Denver - CO USA 39 submarkets - click to explore | 288M | 34M | 9.1% | $49.8B | 6M | -179998 | $1.8B | $8.59 | 7.6% |
▶Vancouver CAN 7 submarkets - click to explore | 287M | 16M | 3.8% | $90.9B | 3M | +2M | $1.1B | $13.71 | 4.2% |
▶Miami - FL USA 14 submarkets - click to explore | 283M | 27M | 6.2% | $79.9B | 4M | -1349843 | $1.8B | $23.41 | 5.8% |
Showing 1-30 of 298 markets
Why Industrial Market Data Matters for Data Centres
Site Selection
Industrial vacancy rates and asking rents indicate market competitiveness. Markets with higher vacancy may offer more conversion opportunities for data centre development.
Land Valuation
Sale price per SF and cap rates provide benchmarks for data centre land acquisition. Industrial-to-DC conversion candidates are often found in markets with adequate power infrastructure.
Market Momentum
Net absorption and construction pipeline signal market direction. Positive absorption with limited new supply typically indicates favourable conditions for new data centre development.
Evaluating a Market for Data Centre Development?
Our advisory team combines industrial market fundamentals with data centre-specific analysis to identify optimal development sites.