Avison Young Completes Sale-Leaseback Of Single Tenant Industrial Building
The seller executed a sale-leaseback agreement at closing, allowing the company to continue occupying the property for 30 years.
The seller executed a sale-leaseback agreement at closing, allowing the company to continue occupying the property for 30 years.
The company plans to develop a 15.2 MW state-of-the-art data center facility at the site, which is strategically located at the intersection of NW 6th Street and 137th Avenue. The new AI-ready, multi-tenant facility is designed to meet high-density computing demands and is scheduled to commence operations by the end of 2026.
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