New Albany Tech Park 300

12550 Jug St Rd NW, New Albany, OH, 43054, US

Description

JLL has been retained to market for sale the fee-simple interest in New Albany Tech Park 300, a 300,400 square foot distribution center located at 12550 Jug Street in New Albany, OH (Columbus MSA). This brand new, state-of-the-art facility features modern logistics features that today’s industrial users require, including 36' clear height, fully circulating, 135' truck courts, and 3,600 AMP power capacity. Additionally, the Property is subject to a 100%, 15-year real estate tax abatement.

The Property is 100% leased to Meta Platforms, Inc (S&P: AA-), providing unmatched tenant credit quality. This facility will support Meta's massive data center operation in New Albany, as it endeavors to create the world's most ambitious artificial intelligence infrastructure project called Prometheus. The company has invested more than $1.5bn to transform New Albany into a major AI hub and has reported its expansion target at 3.5 million square feet by 2028.

Dan Wendorf - SAL.2006006884

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Attributes

Building area net

27,908 m²

Occupancy

100%

Year built

2026

Clear height

10.97 m

Remaining lease term

4.75 years

Media

Investment Highlights

Directly Supporting Data Center Operations in New Albany, OH
The emergence of major investments by the world’s leaders in data center infrastructure has spurred the need for proximate logistics capabilities in New Albany.
Meta has invested more than $1.5bn in its major New Albany AI hub and plans to expand to a total of 3.5 MSF.
The Subject Property will perform key logistic operations for Meta’s New Albany data center, including inventory management, just-in-time tech delivery, and lifecycle management.

Class A Distribution Facility
2026 construction featuring 36’ clear height, 135’ fully circulating truck courts, multiple points of ingress/egress, and 3,600 amps of power capacity

Top Performing Columbus Industrial Market
Historic corporate and state investments in Columbus have spurred user demand, resulting in 13.3 MSF of absorption in 2025.
The market’s vacancy rate is 5.0% and average asking rents have grown 10.4% over the last 36 months.