# JLL Data Center Capex and Sites Source: https://savrn.com/data-center-capital-atlas/company/jll Markdown alternate of the page above; the site index is https://savrn.com/llms.txt --- Named sites 0 Site-level commitments the atlas ties to JLL Disclosed site capital n.a. Sum of named sites with a stated dollar figure. Not a capex total; see the spending table Disclosed capacity n.a. Sum of named sites with a stated megawatt figure Financing transactions 1 Transactions naming JLL or tied to one of its sites Spending ## Reported and guided spending JLL has no reported or guided spending line in the atlas. Its position is recorded through its named sites, its transactions and its sourced facts below. Named sites ## Where JLL builds JLL has no named site commitment on record in the atlas as of October 8, 2026. That is normal for a market intelligence position: the capital shows up in the transactions below rather than on a site of its own. Financing ## Financing transactions Transactions that name JLL as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed. | Parties | Instrument | Amount | Date | Site | Sources | | --- | --- | --- | --- | --- | --- | | Mapletree Industrial Trust + JLLMapletree Industrial Trust hired JLL to market a 22-property US data center portfolio across 15 states, preferring a single sale but open to individual assets. The portfolio has a 6.8-year weighted average lease term and tenants including HP, Equinix, Bank of America and Vanderbilt University. It is a little under half of Mapletree's 54 US data centers | other | n.a. | Reported by Bisnow, via The Real Deal 27 August 2026 | n.a. | | The record ## Sourced facts on JLL - JLL's Midyear 2025 report put North American colocation inventory at 15.5 GW, vacancy at a record-low 2.3% (down from 3.0%), with 2.2 GW of H1 absorption, 1.6 GW of completions, 7.8 GW under construction at 73% preleased, and a 31.6 GW planned pipeline. - At Year-End 2025 JLL tracked 39 GW of active North American capacity, roughly half leased and half hyperscaler-owned, vacancy at 1% for a second consecutive year, and a 35 GW construction pipeline of which 64% sits outside traditional mature markets. - At Midyear 2026 JLL reported vacancy held at 1% for a third consecutive year, likely to remain near zero through 2028, with more than 66 GW under construction and available capacity limited to small, fragmented blocks, with most tenants contracting for 2028 deliveries. - The atlas describes JLL's Midyear 2026 framing as the closest thing in the brokerage record to explicit frozen pipeline language, a market where new demand cannot be served for roughly three years. - The four firms differ on vacancy because they define inventory differently: CBRE's 1.6% (H1 2025) and JLL's 2.3% cover colocation in primary or tracked markets, while Cushman's 4.2% covers a broader 43.4 GW Americas base including secondary markets. All four converge on the same conclusion: pre-commitment rates of 73% to 89% mean the pipeline is functionally sold before it is built, so any delay converts directly into unserved contracted demand. Sources ## Sources for JLL Every source cited on this page, once each. The full atlas source register is at [Capital Atlas sources](https://savrn.com/data-center-capital-atlas/sources). - therealdeal.com[The Real Deal](https://therealdeal.com/national/2026/08/27/mapletree-eyeing-sale-of-nearly-two-dozen-data-centers/) - jll.com[JLL Midyear 2025 report PDF](https://www.jll.com/content/dam/jllcom/en/amer/documents/reports/research-reports/25-insights-north-america-data-center-report-midyear-2025.pdf) - datacenterdynamics.com[DCD](https://www.datacenterdynamics.com/en/news/jll-data-center-demand-in-north-america-continues-to-grow/) - jll.com[JLL newsroom](https://www.jll.com/en-us/newsroom/jll-north-america-data-center-report-year-end-2025) - jll.com[JLL market dynamics](https://www.jll.com/en-us/insights/market-dynamics/north-america-data-centers) - cbre.com[CBRE](https://www.cbre.com/insights/reports/north-america-data-center-trends-h1-2025) - cushmanwakefield.com[Cushman & Wakefield](https://www.cushmanwakefield.com/en/insights/americas-data-center-update) ### Market intelligence: one page each [Avison Young 0](https://savrn.com/data-center-capital-atlas/company/avison-young)[CBRE 0](https://savrn.com/data-center-capital-atlas/company/cbre)[Colliers 0](https://savrn.com/data-center-capital-atlas/company/colliers)[Cushman & Wakefield 0](https://savrn.com/data-center-capital-atlas/company/cushman-wakefield)[datacenterHawk 0](https://savrn.com/data-center-capital-atlas/company/datacenterhawk)[Green Street 0](https://savrn.com/data-center-capital-atlas/company/green-street)[JLL 0](https://savrn.com/data-center-capital-atlas/company/jll)[Newmark 2](https://savrn.com/data-center-capital-atlas/company/newmark)[Transwestern 0](https://savrn.com/data-center-capital-atlas/company/transwestern) The figure beside each provider is its count of named sites in the atlas. Part of the [North American Data Center Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice. The SAVRN reference set ## Seven references, one system Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it. Delay Watchlist Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue. [Open the watchlist →](https://savrn.com/data-center-delay-tracker) Moratorium Tracker The policy layer: every state measure and local moratorium mapped and cited, with one page per state. Open the tracker → Water Tracker Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger. Open the water tracker → Grid Operator Watchlist ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize. Open the watchlist → Permits and Power Development Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records. Open the permits tracker → SAVRN Scarcity Tracker Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling. Open the scarcity tracker → Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding. [Check an address →](https://savrn.com/site-intelligence)