Demand outpaces deliverable power
Dallas–Fort Worth remains one of the tightest data-center markets in the US, with hyperscale and AI-driven demand continuing to outstrip the pace at which deliverable power can be brought online. Vacancy for available, powered shell space in the northern submarkets is in the low single digits.
| Metric (DFW, Q2 2026) | Value | Trend |
|---|---|---|
| Powered-shell vacancy (North) | ~3.4% | ↓ tightening |
| Avg. shell rent ($/SF NNN) | $14.50–16.00 | ↑ rising |
| Under construction (MW) | 1,900+ MW | ↑ |
| Largest constraint | Utility power lead times | → |
Power is the deciding factor
Operators increasingly shortlist sites on deliverable power and redundancy rather than square footage. Campuses with committed substation capacity, 2N electrical topology, and a credible expansion path are commanding premium interest. Liquid-cooling readiness is now a common requirement as rack densities rise.
The differentiator in North Texas is no longer land — it is megawatts you can actually energize, with the redundancy and fiber diversity hyperscalers demand.
Frisco / Far North Dallas corridor
The Frisco and Far North Dallas corridor has emerged as a preferred location for new campuses, supported by utility investment, fiber density, and proximity to interstate access. Sites in Foreign Trade and Opportunity Zones carry additional appeal for capital-intensive deployments.