If all you want is cheap commercial real estate with cheap dollars per square foot figures, there are plenty of economically depressed areas within the United States that you could put things. Those areas usually have very poor fibre connectivity, fibre diversity, and choice of carriers.
I have previously explained this to a number of people who asked me, basically, why don't all of these gigantic abandoned shopping malls get converted into Data center space? Two reasons: poor connectivity, and nowhere near enough electrical grid feed capacity (as proper three phase service) in terms of watts per square foot. Bulldozing empty land in Quincy and putting up a tilt-up concrete on slab dedicated purpose datacenter structure is much less costly than extensively retrofitting abandoned, 30, 40, 50 year old commercial real estate.