Colo Rental Rates are Rising: Are You Keeping Track of Your Power Utilization?
It’s getting more expensive to rent space in colocation data centers. According to CBRE, colocation rates are up 18.6% year-over-year to a record $163.44 per kW/month due to limited supply and strong demand. Average Asking Rental Rate with Y-o-Y % Change for Primary Markets *Rental rates are quoted asking rates for 250-500 kW at N+1/Tier III requirements. Image Source: CBRE Research, CBRE Data Center Solutions, H2 2023.