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Phoenix

North America Data Center Trends H1 2025

September 8, 2025 4 Minute Read

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Colocation Insights

  • Absorption of space and power totaled just over 75 MW in H1 2025.
  • Several new colocation projects are scheduled for completion over the next 12 months.

Market Trends

  • Hyperscale occupiers continue to drive the most demand for space and power.
  • Phoenix and Mesa are pushing for more restrictions on new development.

Notable Activity

  • Amazon acquired land in Pinal County near Tucson for a new campus.
  • SRP conducted a study to deliver power to 26 projects citywide.

Figure 1: Historical Market Information

Source: CBRE Research, CBRE Data Center Solutions, H1 2025.

Figure 2: Historical Supply and Demand

Source: CBRE Research, CBRE Data Center Solutions, H1 2025.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H1 2025.

Figure 4: Market Fuel Mix

Source: Arizona Public Service.

Figure 5: Average Asking Rates

Source: CBRE Research, CBRE Data Center Solutions, H1 2025.

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Data Center Solutions

Our lifecycle data center service offering consolidates your data center real estate, facilities and technology systems into a single operational and financial model.