Reynolds Dog Resort - West Linn, OR
US - West Linn, OR
MYR 11,073,000 | 585 m²
The JLL Data Center Solutions team is pleased to bring to market the KeyBank Data Center located in Solon, OH (Cleveland MSA). Built in 2009, the data center houses primary IT production for the bank. KeyBank will execute a 2-year leaseback for the entire data center asset.
Investors are provided optionality for immediate value creation by leasing up the unoccupied West Data Hall portion of the facility while benefiting from two years of lease payments 100% guaranteed by an investment grade tenant.
This opportunity offers investors best-in-class data center infrastructure with strengthening local real estate fundamentals, secure cash flow from KeyBank, and substantial upside for future expansion, lease-up, and/or conversion to a colocation data center.