Intelligent Investment

Hillsboro

North America Data Center Trends H1 2023

9月 6, 2023 読む所要時間:約4分

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Colocation Insights

  • AI and machine learning demand is complementing cloud service provider demand.
  • Power availability remains a widespread issue for occupiers seeking >5 MW.

Market Trends

  • Development in eastern Oregon, along the Columbia River, is appealing due to low power costs, available land and renewable energy supply such as hydropower. This is of particular interest to hyperscalers. 

Notable Activity

  • Flexential is planning a 36 MW data center expansion in Hillsboro.
  • Crane Data Centers partnered with Principal Asset Management to develop a 100 MW campus.
  • Aligned is planning a 108 MW campus in Hillsboro, nearby Stack, QTS and NTT.

Figure 1: New Market Development Information

Source: CBRE Research, CBRE Data Center Solutions, H1 2023.

Figure 2: New Market Inventory and Vacancy

Source: CBRE Research, CBRE Data Center Solutions, H1 2023.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H1 2023.

Figure 4: Market Fuel Mix

Source: PGE.

Figure 5: Average Asking Rates

Source: CBRE Research, CBRE Data Center Solutions, H1 2023.

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