A 22-acre parcel of greenfield land nestled between two Facebook data centers is for sale in Clonee, Ireland, for €10 million ($11.8m)
Being offered by Bannon, the site “offers the potential for a logistics/distribution or data center” development of about 400,000 sq ft (37,000 sq m) subject to planning permission.
Snug between two Facebook data centers
Located next to junction 4, the M3 Gateway site is less than five-minutes’ drive from the M50 and 15km from Dublin city center. The entire holding is zoned “enterprise and employment” and “warehousing and distribution” within the Meath county development plan.
Facebook has data centers located on either side of the plot, and AWS is developing a 223,000 sq ft (20,800 sq m) facility in nearby Mulhuddart.
“In addition to the terrific data center potential the lands at M3 Gateway offer institutional investors an unrivaled opportunity, subject to planning permission, to enhance the logistics/distribution allocation within their portfolios and capitalize on the significant demand amongst third-party logistics providers, pharmaceutical companies, and online retailers for modern industrial stock within touching distance of the M50 and the city’s main arterial corridors,” said Niall Brereton, director at Bannon.
The property is being offered for sale by tender on Thursday, May 6th at a guide price of €10 million.