How the AI data center boom is fueling a demand for warehouse space

The AI boom is driving demand for warehouse space as tech companies like Meta and Google lease facilities for data center operations, particularly in northern Virginia. Data center-related warehouse leasing in the mid-Atlantic region is projected to grow from 2.8 million square feet in 2024 to 14 million by 2030, boosting rents but facing challenges like power constraints and regulatory hurdles.