Tuesday, October 13, 2026 | OWNER PREVIEW

Executive snapshot

• Cautious Salt Lake industrial evidence remains quarterly, not October activity: CRC's Q2 table reports 8.39% vacancy and 599,144 sf net absorption. Editorial: qualify available buildings against electrical capacity rather than assume vacancy means power-ready space. CRC Nationwide, Q2 2026 market tables
• Neutral CRC's Salt Lake average industrial rent is $11.06/sf, but the page leaves time and expense conventions unspecified. Editorial: do not rank that figure against annual NNN quotes until the lease basis is confirmed. CRC Nationwide, Q2 2026 market tables
• Cautious Terrapin's June 10 procurement ranges put 15 kV switchgear at 52–80 weeks and pad-mount transformers at 40–65 weeks. These are dated contractor ranges, not today's accepted manufacturer slots or a Salt Lake delivery promise. Terrapin Construction Group, June 10, 2026 procurement ranges
• Cautious August electrical-contractor output PPI rose 5.3% annually, versus 20.9% for copper/brass mill shapes. Editorial: separate package pricing, labor productivity and copper exposure; neither series is a local electrician wage quote. AGC/BLS August PPI table, updated September 10
• Cautious Charlotte held a hearing on its proposed moratorium extension; WCCB reports a vote scheduled October 22, not an enacted extension. Editorial: distinguish the current pause from a possible extension to October 2027. WCCB October 12 hearing report
• Neutral Loudoun's proposal to revoke legacy protections for 15 projects was tabled without a vote. Those projects total about 10.5 M sf; this is not evidence that all their permits or utility commitments are complete. Bisnow, October 7 Loudoun proposal report
• Cautious Massachusetts' prospective framework requires community-benefits agreements for qualifying new or expanded facilities exceeding 25 MW. The October 12 legal analysis flags unresolved grandfathering and enforcement questions. Massachusetts Lawyers Weekly, October 12
• Positive Fisk's reported $24 M Houston electrical award includes modular containment and liquid-cooled components. A Q1 2027 substantial-completion target and claimed offsite schedule benefits are not verified completed delivery. Construction Dive, October 9 Fisk award report
• Neutral Reno's October 2 report separates three operating data centers from three under construction inside city limits. Editorial: do not apply that city inventory or moratorium to all of Washoe County or TRIC. Reno Gazette Journal, October 2 project-status report

Market movers

Sector outlooks

Strategic watchlist

• Editorial: verify Charlotte's October 22 vote and final ordinance before extending project-delay allowances; a hearing is not passage. WCCB October 12 hearing report
• Editorial: request a dated, configuration-specific electrical quote and manufacturing-release trigger; generic lead-time ranges cannot establish a promised shipment. Terrapin Construction Group, June 10, 2026 procurement ranges
• Editorial: check North Dakota's October 21 committee meeting for new water evidence; distinguish permitted daily maximum from operator-reported use. InForum, October 6 legislative testimony
• Editorial: confirm Pima County's October 28 hearing and subsequent action. Proposed noise/cooling standards are not adopted limits. KJZZ, October 9 Pima County proposed rules
• Editorial: reconcile Reno project inspections and service dates with individual permits; July municipal statistics and October project reporting have different coverage. Reno Gazette Journal, October 2 project-status report

Top questions leaders should be asking

• Which proposed Salt Lake project has verified power, usable capacity and an executable equipment-release date?
• Have we distinguished quote date, approved-submittal date, release-to-manufacturing and promised ship date?
• Which tax or entitlement assumption is enacted, which is proposed, and what written authority supports it?
• Does each water and noise statement describe a permit, an operator assertion, a measured result or an allegation?
• Who must approve specification changes and commercial exposure before an AI-prepared release package can become an order?