AI Data Center Boom Lifts US Warehouse Rents 3.2%
6 sourcesUpdated Oct 21, 20261 min read
Sponsored
The rapid construction of AI data centers is increasing demand for nearby warehouse space, as suppliers and infrastructure providers seek places to stage construction materials and power, cooling and telecommunications equipment. JLL said demand is particularly strong around Dallas–Fort Worth and Washington, D.C., where data center projects are clustering and attracting construction, telecom and utilities tenants. U.S. industrial asking rents averaged $10.55 per square foot in the third quarter, up 3.2% from a year earlier—the fastest annual increase since the second quarter of 2024.
Sponsored
Where do you stand?
How it spread
Broke streetinsider.com · Oct 20, 6:53 PM ET6 sources +19h on
Claim check
What each side asserts, disputes — or leaves out entirely.
Where do you land?
Whose framing of this story rings truest to you?
