The 17-story Union Bank Tower in Portland, Ore., will change hands — and shape — as it sells for conversion to data center space, according to Data Center Dynamics.
The core property is strategically situated in Portland’s highly desirable West End of the central business district between the South Waterfront and Portland’s Pearl District, known for some of the city’s top restaurant and nightlife destinations, according to JLL, which is serving as exclusive adviser on the sale.
The tower has 179,000 square feet of space, and it already contains some data center space, fiber links and a meet-me room with 18 data center tenants that already exchange data in the space.
The tower is the key point of origination and termination for two important long-haul fiber routes, the Joint Trench and FTV Build, according to JLL. The property has four major fiber entries in the parking garage, with Lumen, Verizon, Zayo and Mox Networks owning physical long-hau
