Five 9s Digital Advises on Disposition of 63,000 SF Powered Shell in Hillsboro
Five 9s Digital advised on the sale of a 4.5 MW, 63,000-square-foot powered shell in Hillsboro, Oregon. The building previously served as a data center testing facility and was later decommissioned. The transaction gives the buyer an existing powered building to redevelop in one of the tightest data center markets in the United States.
Hillsboro data center vacancy is well under 1% across 491.4 MW of inventory. 170 MW of supply is under construction with over 90% of that capacity preleased.
The transaction illustrates the scarcity of existing powered buildings in markets like Hillsboro. When operating vacancy is near zero and most new capacity is committed before delivery, a powered and zoned facility offers a rapid path deployment versus greenfield sites.