Chapter 6
Northern Virginia Data Center Market
North America Data Center Trends H1 2026
3 Minute Read
3 Minute Read
Colocation Insights
- The vacancy rate for colocation capacity fell to 0.24% in H1, driven by exponential demand growth.
- Strong preleasing has made it difficult for occupiers to secure 5-to-10 MW of contiguous space in existing and planned facilities.
- All capacity delivering in 2026 has been committed, pushing preleasing activity into 2027 and beyond.
Market Trends
- The market delivered over 1.6 GW of capacity in 2025 and H1 2026, despite resource constraints.
- Overall rental rates held steady in H1. However, with only 10.8 MW of available supply, asking rates for 10-plus-MW requirements rose to $160 to $185 per kW.
- Dominion Energy's batching system continues to extend power delivery timelines for new projects, intensifying competition for entitled sites.
Notable Activity
- Digital Realty has agreed to purchase a stake in three fully leased data centers for $3.5 billion from Blackstone-affiliated funds.
- Amazon Web Services purchased 122 acres in Loudoun County for data center development.
- Stack Infrastructure topped out the first of 19 planned buildings at its 1-GW campus in Stafford 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
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.