214-762-5080
1023 39th Ave SE, Puyallup, WA for Sale
Telecom Hotel/Data Hosting - FOR SALE
1/11
null | Request Cap Rate

1023 39th Ave SE
Puyallup, WA 98374
Downtown Puyallup


HIGHLIGHTS

  • Tier III Data Center with 24 MW Critical in Place 100% Leased to AI, Cloud and Enterprise Tenant
  • Fully Secure 86 Acre Campus with over 25 Acres for Future Development

OVERVIEW

Site Selection Group and Bang Realty are representing the ownership for South Hill Business + Technology Center, offering a rare opportunity to acquire a premier 86-acre campus in the Greater Seattle Region, featuring a Tier III-designed, 24MW Critical 100% leased Data Center, two Class A office buildings, with over 25 Acres for future data center expansion. Ownership will consider selling the SH-1 Data Center and Office Buildings with related expansion land in separate transactions. Ownership has spent nearly $200 Million over the past 18 months to expand the Data Center to 24 MWs of Critical Load including liquid-cooled racks for high-density, AI and cloud users, along with other campus upgrades. HIGHLIGHTS: On-site PSE utility substation along with potential for additional power (especially BTM via 30" natural gas pipeline) can be brought to the Campus 25+ acres of land available for expansion with favorable zoning for data centers Long-term excellent credit wholesale and retail colocation tenants in place Economic Incentives in place and available Carrier Neutral Fiber Connectivity with multiple providers to both the Westin Exchange (Seattle CBD) and Pittock Block (Portland) Designed for High Performance Computing (HPC) and major AI workloads The Greater Seattle Region is one of the Top 10 Data Center markets in the US. The South Hill Campus and existing Centeris SH-1 Data Center represents a unique opportunity being one of the largest existing data centers with the ability to expand capacity in a severely constrained power region! Large Data Room available for interested parties upon MDNA execution. Total Existing Properties: 635,000 SF o 24 MW Critical IT Tier III LEED Gold Data Center: 277,000 SF, 100% Leased to AI, Enterprise and Cloud companies o Class A West Building: 180,112 SF AVG WALT of 5+ years o Class A South Building: 178,193 SF AVG WALT of 15+ years

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Centeris SH1 Data Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, undefined

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2011

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

24 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

86

LAND SF

3,746,160

ZONING

MUC ME

APN/PARCEL ID

041903-4037

ASK ABOUT THIS PROPERTY

Michael RareshideSite Selection Group, LLCMore Info
214-762-5080

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Michael RareshideSite Selection Group, LLCMore Info
214-762-5080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.