The real estate investment linked to the data center has certainly been a trend in recent years, and Texas is no exception, with the number of data centers on the scale of the acurnt of 336 (for the context, In 2015 Texas had 91 data centers). During a period when real estate investment in multifamilial and offices were treacherous, the growth of data centers was a light point, largely due to the drivers linked to the AI.
Although some may affirm that the market will be saturated with data centers at a given time, others would indicate the competitive advantages of construction and functioning in Texas, in particular relative abundance and variety of energy sources (electric, natural, wind, nuclear), large land stretches which can be purchased and developed in a profitable and the ability to develop in Texas fashion fashion and others have aroused concerns about Texas “a recent increase in the development of the data center and the toll he takes on the state electricity networkthat according to an article represents approximately 8.8% of the total annual demand for state electricity.
We will continue to monitor these trends, including (1) the side and tertiary effects that they are likely to continue to have on the economy of Texas and the real estate landscape, and (2) the institutional demand for real estate for real estate linked to the data center / AI.
Texas has experienced rapid growth in data centers, in particular the installations necessary to execute the calculations with high energy intensity that feed the AI.