AI data center boom drives up US warehouse rents and reshapes demand
· Source: biz.chosun.com
In short
A boom in U.S. AI data center construction is pushing up industrial warehouse rents, according to Jones Lang LaSalle's third-quarter U.S. industrial real estate report. Parts suppliers and power and telecom infrastructure firms are clustering near hyperscale campuses in Dallas–Fort Worth and the Washington, D.C. area, driving average asking rent to $10.55 per square foot, up 3.2% year over year. JLL says the tenant mix is shifting beyond traditional logistics and distribution toward construction, telecom and utilities.
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Tags: warehousing, data centers, industrial real estate, rents, infrastructure