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JLL: AI data-center buildout lifts US warehouse demand and rents

AI summary

Real-estate services firm JLL said Tuesday that AI data-center construction projects — especially around Dallas/Fort Worth and the Washington, D.C. area — are creating new demand for warehouse space and pushing up rents in the third quarter, according to a 36Kr brief citing Sina Finance. The report notes that Alphabet, Microsoft, Meta and Amazon are spending heavily to compete for leadership in AI, and that running AI consumes large amounts of power for servers and chips that must be cooled to prevent overheating. No specific figures for the demand or rent increases were given.

In-depth insight

The report ties the AI data-center buildout to higher industrial real-estate demand and rents in two US hubs, an infrastructure spillover beyond chips and power.

#JLL#Alphabet#Microsoft#Meta#Amazon

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