Rich Miller: New colocation space fills quickly
New colocation space is filling quickly when brought online, according to new data from the telecom research firm TeleGeography. Global colocation service providers surveyed by TeleGeography have added 1.66 million square feet (154,016 square meters) of new space since the beginning of 2008, many of which were more than 50 percent full by mid-year 2009.
“While ample capacity is available in aggregate, operators in some cities, such as London, San Francisco, and Los Angeles, reported fill rates of more than 80 percent” for their colocation footprints, TeleGeography said in announcing an update of its Colocation Database, one of the company’s paid services.
“Despite a global capital crunch, capacity growth has not stagnated, and operators with strong operational cash flow continue to build new sites,” it reports. The markets with the most new colocation supply have been Hybderabad, India (230,000 square feet), Washington/Northern Virginia (214,000 SF), Dallas (166,000 SF), Amsterdam (150,000 SF) and London (131,000 SF), according to TeleGeography.