Data center real estate market in North America
Northern New Jersey
Published two weeks ago
10th
In supply of data center real estate, measured by commissioned power
10th
In demand for data center real estate, measured by TTM absorption
19th
In hyperscale owned facilities, measured by operational power
Real estate supply pipeline
Rank amongst North America markets
Commissioned
Colocation power commissioned within the market, measured in MW, includes preleasing
Available
Colocation power commissioned and available within the market, measured in MW
Under Construction
Speculative colocation power under construction within the market, measured in MW
Planned
Speculative planned colocation power that hasn't yet broken ground, measured in MW
About Northern New Jersey
It's no surprise the Northern New Jersey data center market has grown over the past few years. Even with the threat of oversupply two years ago, the market has continued to see demand and activity from data center users and operators. The Northern New Jersey colocation market has grown considerably over the last few years due to proximity to New York City, robust infrastructure, and favorable business climate.
In 2008, the Northern New Jersey market was mostly data center users that built, owned, and operated their own enterprise data centers. The financial implosion of 2009 helped fuel the colocation market as data center providers scoured Northern New Jersey for sites and opportunities to offer solutions to these companies. Typical requirements in the Northern New Jersey market are above 1 MW, but certain companies entering the market will sometimes have requirements starting at 100 kW. Industries active in the Northern New Jersey market are financial, healthcare, media, and technology companies.
Largest colocation providers
Measured by total commissioned power
Focused on Northern New Jersey?
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