Colocation Insights

  • Vacancy fell to a new low of 0.21%
  • Hillsboro remains extremely tight as no facilities have 5 MW or more of contiguous space available.

Market Trends

  • House Bill 4048 has impacted data center tax exemptions in Hillsboro and across Oregon.
  • More than 90% of the 170.3 MW under construction has been preleased.

Notable Activity

  • Stack Infrastructure announced the 121-MW expansion of its Hillsboro campus.

Figure 1: Historical Market Information

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 2: Historical Supply and Demand

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 3: % of Total Primary Market Inventory

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.

Figure 4: Market Fuel Mix

Source: Portland General Electric.

Figure 5: Average Asking Rates

Source: CBRE Research, CBRE Data Center Solutions, H1 2026.
Several server racks, showcasing a robust IT infrastructure suitable for technology companies or data centers.
Property Type

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.