New York: Unoccupied Data Center in Hauppauge, NY, sells for $21m
Feb 02, 2022 | Posted by Abdul-Rahman Oladimeji
An unoccupied data center in Hauppauge, New York, has been acquired for $21 million. According to Newsday, Link Logistics, a subsidiary of Blackstone, bought the property. Link Logistics plans to tear down the building and redevelop it as a Class A distribution center. The data center sits on seven acres of land, and it has 122,570 square feet (11,380 square meters) of space. The data center is also Tier 1 certified. In addition, it has eight data halls.
The property is at 45 Oser Avenue, Hauppauge, NY. It was built in 1997. Speedcast took occupancy of the facility in 2000. The Satellite communications firm later filed chapter 11 bankruptcy in April 2020. B+E brokered the sale of the property. According to B+E, the new owners have the full discretion to use the facility as they please. There is no information about when Link Logistics plans to demolish the property.