Major Pacific Northwest Data Center Facility Listed for Sale
A substantial data center complex has entered the market in Washington’s expanding technology corridor, according to commercial real estate reports. The 24MW South Hill Business and Technology Center, located in Puyallup, Washington, is currently being offered for sale, presenting a significant opportunity in one of the state’s emerging data center markets.
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Property Details and Strategic Location
The facility spans an 86-acre parcel at 1023 39th Avenue SE in Puyallup, sources indicate. The property includes both data center operations and two office buildings, creating a comprehensive business and technology campus. Analysts suggest the location benefits from its proximity to Seattle, which remains Washington’s most populous city and an established data center hub.
Recent Major Infrastructure Investments
According to the listing documentation, the current owner has invested “nearly $200 million over the past 18 months to expand the data center to 24MW of critical load.” The report states these upgrades specifically included liquid-cooled racks designed for high-density applications, artificial intelligence workloads, and cloud computing users, along with other campus-wide improvements.
Current Ownership and Tenant Profile
The facility is reportedly owned by Centeris, a colocation provider under the ownership of real estate company Benaroya. Sources indicate this represents Centeris’ sole data center property. Known tenants include colocation and cloud provider ScaleMatrix, while Chunghwa Telecom Global (CHT Global), the US subsidiary of Taiwan’s largest telecommunications provider, reportedly became a tenant in 2016.
Strategic Connectivity Advantages
The data center features a direct connection to the Westin Building Exchange, according to facility information. This Seattle-based telecommunications hub serves as a major interconnection point and colocation facility in the city’s Downtown Business District, providing significant connectivity benefits for potential buyers.
Market Context and Significance
Industry observers suggest the sale represents a notable transaction opportunity in the Pacific Northwest data center market. The substantial recent investment in AI-ready infrastructure, combined with the property’s scale and connectivity features, positions it as a strategic asset for operators seeking presence in Washington’s growing technology ecosystem.
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References & Further Reading
This article draws from multiple authoritative sources. For more information, please consult:
- https://www.loopnet.com/Listing/1023-39th-Ave-SE-Puyallup-WA/38067925/
- http://en.wikipedia.org/wiki/Data_center
- http://en.wikipedia.org/wiki/Puyallup,_Washington
- http://en.wikipedia.org/wiki/Sweden
- http://en.wikipedia.org/wiki/Cloud_computing
- http://en.wikipedia.org/wiki/Artificial_intelligence
This article aggregates information from publicly available sources. All trademarks and copyrights belong to their respective owners.
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