Intelligent Investment
Northern Virginia
North America Data Center Trends H1 2025
September 8, 2025 4 Minute Read
Colocation Insights
- The colocation vacancy rate edged up slightly to 0.72% in H1 2025.
- High preleasing activity in single-tenant buildings is making it challenging for occupiers to secure large contiguous spaces (15 to 20 MW) within existing and planned colocation facilities.
- Preleasing now extends to capacity slated for delivery in 2027 and beyond, particularly for large, single-building or campus-sized requirements.
Market Trends
- With limited availability in core submarkets, data center development is expanding into emerging areas, including the I-95 Corridor south toward Richmond.
- Rental rates continue to increase across all requirement sizes.
- Dominion's batching system is extending power delivery timelines for new projects.
- Loudoun County's zoning ordinance amendment now requires a special exception for new data center developments, eliminating by-right zoning.
Notable Activity
- AWS acquired 97 acres in Leesburg for data center development.
- BlackChamber acquired 65 acres in Prince William County for data center development.
- EdgeCore began construction on a 114-MW facility in Loudoun County.
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
Explore More Markets
- Local Response | Intelligent Investment
Charlotte-Raleigh Data Center Market
September 8, 2025 4 Minute Read
Data center and cell tower development in the Carolinas faces challenges due to Duke Energy's new power requirements.
- Local Response | Intelligent Investment
Dallas-Ft. Worth Data Center Market
September 8, 2025 4 Minute Read
Dallas-Ft. Worth data center market to double in size by 2026 with 89% of under-construction space preleased.