Documents
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Key facts
Year Built | 2001 |
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Land Area Net |
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Call for Offers | 2021-11-15 |
Property description
Jones Lang LaSalle, Inc. (“JLL”), as the exclusive advisor, is pleased to announce the opportunity to purchase the Behrend Drive Data Center and Office Campus located at 3151 & 3202 W. Behrend Dr. in Phoenix, Arizona (“Behrend Drive” or the “Properties”). The Properties are well-positioned on approximately 28.53 acres in the North Phoenix submarket with close proximity to a full diamond interchange and the I-17 and Arizona State Route 101. Behrend Drive consists of two buildings, 3151 W Behrend Drive (“IPC”), a 300,000 SF data center, and 3202 W Behrend Drive (“TRCW”), a 213,361 SF building containing approximately 40,000 SF of data center environment with the remaining floors utilized as office space. The Properties are 100% leased to an established Fortune 100 company pursuant to absolute net leases. The Properties, which currently offer approximately 12 MW of installed capacity, are located adjacent to the Yorkshire substation which has excess land allowing for ample power expansion opportunities. The data center and office campus presents investors with a rare opportunity to acquire two world-class technology and mission critical facilities in a nation leading data center market.
Investment highlights
- Investment Grade Anchor Tenant
- Stable In-Place Cash Flows
- Premier Location
- Exceptional Data Center Market
- Government Incentives
- Rare Absolute Net Data Center Opportunity