A partially leased West London data center is for sale in Camberley, UK.
Newmark is offering the 145,585 sq ft (13,500 sqm) facility in Yorktown Business Park for an undisclosed price.
The sale includes four 10,000 sq ft (929 sqm) data halls; two of which are already leased to a top 50 Fortune 500 tenant until October 2032.
The remaining two data halls are well positioned to serve a colocation space, with one of them in shell condition and the other an independent data center.
All four data halls are configured with 2N redundancy. The site features 2N utility feeds totaling 20MW. It also features two meet-me rooms with access to five carriers.
The in-place lease includes a two percent annual rental rate escalation and has one five-year renewal option. The listing adds the current tenant operates a disaster recovery office directly adjacent to the facility.
It is likely that the current tenant is the Bank of America. The Bank of America previously owned the facility before selling it to current owners Lincoln Rackhouse in 2020 in a sale-leaseback deal.
The Lincoln Rackhouse brand name has since been decommissioned, with the company now being known as the Lincoln Property Company.
The facility is located approximately 20 miles from Slough; one of the main data center hubs in the UK. CyrusOne, NTT, Equinix, and Kao all have a presence in the area. It has continued to see development with Iron Mountain and Digital Realty both recently planning facilities in the town.
