“Our biggest challenge in both markets is finding available land sites,” Cushman & Wakefield Global Data Centre Advisory Group vice-chairman Randy Borron told RENX.
“The ideal scenario for operators, builders and developers of data centres is to go into a market and find a site for an initial build with land for at least one, two or three more spaces of development going forward instead of buying extra land.
Toronto has 228 megawatts of built data centre inventory and 44 megawatts in its development pipeline, making it the largest Canadian market by a significant margin.
“The good news is Equinix has capacity both downtown and in Brampton,” said Borron.
“We have been very successful over the last few years in acquiring large sites with 50-plus megawatts of power.
The city made continued progress in the second half of 2021, with eight megawatts of absorption to equal its first-half activity.