Americas Data Center H2 2024 Update

SV UNITED STATES

H2 24

RECENT PROPERTY SALES

SITE / PROPERTY

SIZE

SALE DATE

SALE PRICE (US$)

BUYER

SELLER

2334 Lundy Pl, San Jose**

130,752 sf

Dec-24

$9.5M

Overton Moore Properties Digital Realty

1977 Saturn St, Monterey Park

16 acres

Dec-24

$39M

HMC Capital

EQ Office

CONTACTS

Click on each name to send an email.

JOHN McWILLIAMS Head of Data Center Insights, Global Think Tank +1 (303) 312-4233 john.mcwilliams@cushwake.com

SIGNIFICANT CONSTRUCTION & PLANNED UPDATES

OPERATOR

DATA CENTER

SIZE (SF)

POWER (MW)

STAGE - EST. DELIVERY

Santa Clara - Expansion Santa Clara 2 Gilroy

230,000 (est.) 408,000 435,940

25 (est.) (Undisclosed) 98

In Planning In Planning In Planning

AWS

Updated

Cologix

SV1 – Expansion

68,900

17

In Planning

CoreSite

SV9 - Expansion

250,000

34

U/C & Planning

CyrusOne

Santa Clara

703,000 (est.)

67 (est.)

U/C & In Planning

Digital Realty

641 Walsh Ave – Expansion

226,000

42

U/C & Planning

GI Partners

Walsh Technology Center

244,000

72

In Planning – (2028-2030)

San Jose 1 San Jose 2

794,400 612,000

92 (Undisclosed)

In Planning In Planning

Microsoft

Novva Data Centers

400 Paul Ave

236,800

36

In Planning

Sacramento Campus – Phase 2+ 1231 Comstock

495,700 119,000

98 9

U/C & In Planning In Planning

Prime Data Centers

SVY02A - Expansion SV06 – Phase 1 SV06 – Phase 2+

144,000 279,900 46,600 180,000

36 17 9 32

U/C & Planning U/C In Planning

STACK Infrastructure

T5 Data Centers

Newark – Phase 2

In Planning

*Excludes Captive & ICT construction updates.

†Total IT Load

ˆ RFS: Ready for Service

**Powered Shell

CUSHMAN & WAKEFIELD | AMERICAS DATA CENTER MARKET OVERVIEW