As demand for data capacity surges with the growth of cloud computing and AI workloads, traditional vacancy rates in data center markets have compressed to near historic lows (~2.6%), while colocation lease rates continue to climb 12.6% year-over-year, signaling strong fundamentals and investor appetite. Data center conversion projects — repurposing existing buildings into powered compute facilities — present a compelling alternative to ground-up development, often costing 20–40% less while shortening delivery timelines. This Data Center Conversion Market Intelligence Report identifies Lawrence, Kansas and the Kansas City corridor as a high-potential 3MW–10MW conversion opportunity, buoyed by available fiber, power access, cost efficiencies, and proximity to major Midwest demand nodes.
Key Highlights:
View the full Data Center Conversion Market Intelligence Report to explore market drivers, pricing benchmarks, financial modeling, power provisioning insights, and why this corridor is attracting conversion demand.
[Read More]
Here is the link to the article: DATA CENTER CONVERSION MARKET INTELLIGENCE REPORT
Copyright 2026, Midwest CRE Advisors