Brief

The AI data center boom is significantly reshaping CBRE, the world's largest commercial real estate services firm. Triggered by the demand for computing power to train and run AI models, CBRE has become a key player in securing sites, managing infrastructure projects, and providing sales and leasing services for these facilities. This strategic shift, driven partly by acquisitions like Pearce Services, has already led to substantial revenue growth in CBRE's critical infrastructure division, with projections indicating continued expansion. AI

Texas has surpassed Northern Virginia as the top global market for data center development, driven by the immense power and land requirements of AI infrastructure. Dallas now leads primary markets, with Austin-San Antonio and West Texas also ranking highly in secondary and tertiary categories. The report highlights that power availability and land constraints are increasingly dictating site selection for large-scale AI deployments, influencing developers to look beyond traditional hubs. AI