Documents
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Attributes
Year Built | 2000 |
Building Area Net |
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Asset Description
Jones Lang LaSalle Americas Inc (“JLL”), as exclusive advisor to Baptist Health South Florida (“Baptist”), is pleased to present the exceptional opportunity to acquire the 100% fee-simple interest in 2100 NW 84th Avenue, a 103,000 square foot premier data center in Doral Florida (the “Property” or the “Asset”). The Property is located within the Miami MSA, one of the top five most connected cities in the world due to the subsea cable systems that provides secure, low-latency connections to global markets. Additionally, the Property sits in the heart of Doral, within America’s Gateway business park, and features immediate proximity to all South Florida major thoroughfares (i.e., Dolphin Expressway, Palmetto Expressway, Florida Turnpike, I-75 and I-95).
Baptist Health will execute a 2-year partial leaseback on a portion of space and existing power with the remaining data center space available for future ownership to execute a value-add lease-up strategy.
Investment Highlights
High Quality Data Center Asset
- Significant Capital Investment
- Dual Path Power and Network Feeds
- Multi-million Dollar Roof Upgrade (185MPH Rating)
- Critical System Survivability is Automatic and Redundant
- 12 megawatts of Generator Power
Cash Flowing, Value-Add Data Center Asset
- Baptist Health Features A1 Rating From Moody’s
- Annual Escalations to Hedge Against Inflation
- Ability to Execute Immediate Lease-Up Strategy
Exceptional Connectivity with Low Power Costs
- Miami is Ranked Top Five Most Connected Cities
- Subsea Cable System
- Critical to Latin American Operations
- Accommodative Business Environment
- Low Cost of Power
Rapidly Growing, Easily Accessible Location
- Population Tripled Since 2000
- Miami-Dade County’s Largest Employment Center
- Accessible to Four Major Expressways
- Adjacent to Miami International Airport