Metro Atlanta has become one of the busiest data center markets in the United States, and new capacity is being leased almost as quickly as it comes online. The region ended March with a vacancy rate of about 1 percent, an unusually low figure, and much of the space still under construction is already committed to tenants before opening, according to figures from real estate firm CBRE.
Large projects are advancing across the southern and western suburbs. QTS, a Blackstone subsidiary, is building on a 615-acre campus in Fayetteville in Fayette County, roughly 30 miles southwest of downtown Atlanta. Its first building opened last year and is leased to Microsoft, and the broader plan envisions up to 7 million square feet. Microsoft is developing a campus in Douglasville in Douglas County, with initial construction expected to finish in 2026. In South Fulton County, T5 is developing a 91-acre site planned for three buildings totaling about 1.32 million square feet.
The scale of activity has reshaped the market. Regional inventory rose 222 percent, and the construction pipeline now exceeds 2,150 megawatts, the largest among primary US data center markets. Georgia has surpassed Northern Virginia in some leasing measures, drawing hyperscale users seeking land and power.
The growth has prompted scrutiny. State lawmakers have begun examining incentives and land use as campuses expand into residential areas, and some property owners face pressure as developers assemble large parcels for future buildings.
Source: The Atlanta Journal-Constitution - https://www.ajc.com/business/2026/06/georgia-data-centers-fill-up-as-soon-as-theyre-built-driving-demand-higher/