Newmark Knight Frank Releases 2019 Data Center Report
Featuring absorption statistics in 10 top U.S. markets
NEW YORK — Newmark Knight Frank (NKF) released its first half (H1) 2019 Data Centers Report, focusing on industry and market trends in 10 top data center markets in the U.S. — Dallas/Fort Worth, New York, Atlanta, Los Angeles, Chicago, Northern California, Seattle, Phoenix, Northern New Jersey, and Northern Virginia. NKF’s Data Center Report is based on data and trends from datacenterHawk and 451 Research, as well as from the research undertaken by NKF’s Data Center Consulting group lead specialists, Bryan Loewen (executive managaing director for NKF), Victor Frandsen (vice chairman for NKF), and Manuel Breidenbach (director for NKF), and NKF’s Global Knowledge Center.
“After a relatively slow first quarter, second quarter leasing activity picked up, culminating with an overall healthy 118 MW of net new absorption across the top 10 U.S. markets for the first half of 2019,” Loewen said.