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AI data center projects boost US warehouse demand and rents, real estate company JLL says

Summary by Channel News Asia
LOS ANGELES, Oct 20 : AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space and helped send rents higher in the third quarter, real estate services company JLL said on Tuesday.• Companies like Alphabet, Microsoft, Meta an

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The Straits TimesThe Straits Times
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AI data centre projects boost US warehouse demand and rents, real estate company JLL says

Average asking rents rose to US$10.55 (S$13) per square foot, up 3.2% from a year earlier. Read more at straitstimes.com.

·Singapore, Singapore
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Channel News AsiaChannel News Asia
+2 Reposted by 2 other sources
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AI data center projects boost US warehouse demand and rents, real estate company JLL says

LOS ANGELES, Oct 20 : AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space and helped send rents higher in the third quarter, real estate services company JLL said on Tuesday.• Companies like Alphabet, Microsoft, Meta an

·Singapore, Singapore
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PressNewsAgency broke the news on Tuesday, October 20, 2026.
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