Data center-related companies now account for a record 14.4 percent of all new industrial leasing across the US, a report from Cushman & Wakefield has found.
This is an increase in the industrial leasing of these companies by 44 percent year-over-year in 2025.
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The commercial real estate services company analyzed six US markets with significant amounts of data center capacity under construction, including Virginia, Atlanta, Chicago, and Austin, Phoenix, and Dallas-Fort Worth in Texas.
According to Cushman & Wakefield, this activity has created an estimated 81,000-124,000 total industrial and downstream jobs, with every 100MW of new data center development creating nearly 1,300 jobs and generating approximately $110 million in annual wages.
