5 Northeastern Blvd

As exclusive sales agent, JLL Capital Markets is pleased to offer for sale 5 Northeastern Boulevard (the “Property” or “Asset”), a single-story, 27,029 square foot 200 kW data center located on nearly five acres in Salem, New Hampshire, less than four miles from the Massachusetts border. Developed in 1980 for flex industrial and office uses, the building was completely renovated in 2005-2006 to facilitate a secure data-center build-out with heavy power infrastructure for the current national, credit tenant. The Seller and Tenant have maintained the building in exceptional condition over the course of their ownership and tenure, respectively, with minimal ongoing capital risk. The substantial on-site power infrastructure and generous land acreage provide future use optionality and site adaptability for all types of data center users as well as alternative uses, such as industrial warehousing, manufacturing, or GMP. The Property is positioned in Southern New Hampshire directly off Exit 2 on Interstate 93 and is two minutes from Route 28, providing superior regional accessibility. Furthermore, the Exit 2 micro market contains four million square feet of industrial, flex and office inventory that consistently exhibits low single digit vacancies dating back a decade. 

The Property is presented fee-simple, and without asking price.