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Northern California

Northern California is the eighth largest North American data center market with 1.1 GW of commissioned power1. It is home to Silicon Valley, the heart of many of the world’s largest tech and tech-adjacent firms such as Apple, Google, Meta, Cisco and Intel. Proximity to major tech giants, readily available renewable power (in particular solar energy) and the diversity of fibre connectivity have contributed to the sustained long-term growth of the data center market in Northern California.
 
In Northern California, while demand for capacity remains strong, supply-side constraints such as high power costs, limited water resources and the dearth of reasonably priced land sites have resulted in the paucity of new data center capacity in the market. Nevertheless, robust positive absorption of the modest amount of new supply coming online in the market has led to vacancies continuing to decline in general, falling to 3.4% in 2024.

CA1-3 Data Centers

CA1-3 are positioned in the northern area of Sacramento and enjoy good accessibility via key transportation corridors, being located just north of Interstate 80 and east of Interstate 5, providing access through Sacramento, Southern California, Los Angeles and San Francisco. These thoroughfares also connect CA1-3 to the major hyperscale customers in Sacramento. Additionally, CA1-3 is highly proximate to the nearest town centre, being only approximately 6 miles north of downtown Sacramento.

CA1 Data Center (“CA1”) – 1200 Striker Avenue, Sacramento

Sacramento CA1 Data Center (“CA1”)
Sacramento CA1 Data Center (“CA1”)

Key asset metrics

Capacity / Design IT Load12.6 MW
Data Floor Space7,718 sqm
Weighted Average Lease Expiry2.9 years
TierTier III-equivalent
CarrierCarrier-neutral
Design Power Usage Effectiveness (PUE)1.50
Year of completion2001
Year of last refurbishment2025
Land titleFreehold

CA2 Data Center (“CA2”) – 1312 Striker Avenue, Sacramento

Sacramento CA2 Data Center (“CA2”)
Sacramento CA2 Data Center (“CA2”)

Key asset metrics

Capacity / Design IT Load26.1 MW
Data Floor Space8,249 sqm
Weighted Average Lease Expiry8.1 years
TierTier III-equivalent
CarrierCarrier-neutral
Design Power Usage Effectiveness (PUE)1.30
Year of completion2011
Year of last refurbishment2025
Land titleFreehold

CA3 Data Center (“CA3”) – 1625 West National Drive, Sacramento

Sacramento CA3 Data Center (“CA3”)
Sacramento CA3 Data Center (“CA3”)

Key asset metrics

Capacity / Design IT Load14.0 MW
Data Floor Space6,018 sqm
Weighted Average Lease Expiry5.2 years
TierTier III-equivalent
CarrierCarrier-neutral
Design Power Usage Effectiveness (PUE)1.30
Year of completion2015
Year of last refurbishment2024
Land titleFreehold
1As at the third quarter of 2024 based on the Independent Market Research Report.

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