AI Infrastructure Boom Depletes U.S. Supply of Giant Data Center Warehouses

The United States is running out of large warehouses suitable for assembling AI data centers, according to billionaire real estate developer Ross Perot Jr., who warned that only 15 to 20 vacant million-square-foot facilities remain available nationwide—down from a typical 50 a few years ago. Speaking at the Bloomberg Invest Dallas event on October 27, Perot Jr., chairman of Texas-based developer Hillwood, emphasized that the AI infrastructure boom has created unprecedented demand for specialized warehouse space to house the computing equipment that powers artificial intelligence systems.