JLL to Sell Docklands Technical Centre in London
Firm to sell iconic 334,398-square-foot facility that serves as major data center in Europe
NEW YORK, July 23, 2019 — JLL was selected to sell the Docklands Technical Centre in London. The iconic 334,398-square-foot data center was constructed in 1989.
The JLL professionals overseeing the sale of the asset include James Quinn and Michael Hochanadel, managing directors; Gary Youm, executive vice president; Jake Wagner, vice president; and Kelci Smesko, associate, along with Martin Carroll and Alex Tilley, directors, from JLL’s London office.
“This is an exceptionally rare opportunity to acquire an iconic, mission-critical data center in London,” said Quinn. “The property offers a unique chance to acquire a premier technology building in the vibrant London market.”
“The global market for data center capital markets is strong. Data Centers are now a central part in real estate investing globally,” said Hochanadel.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com