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Data Center Leasing Growth Lifts Share to Record 14.4% in 2025

Cushman & Wakefield logoCushman & Wakefield
Sig1.25Sen+3.35Env0.00Soc+2.85Gov0.00

As AI investment accelerated, data center-related leasing rose to a record 14.4% share in 2025, with leasing increasing 44% year over year to 13.5 million square feet. A Cushman & Wakefield report estimates 33,000 to 50,000 initial industrial jobs from 2022–2025 and total jobs up to about 124,000, driving roughly $11.6 billion in annual gross economic output.

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