Both the manufacturing facility and wider campus have been maintained to a high standard throughout. IBM has modified the buildings over the years as its business requirements have evolved.
In a statement to The Irish Times, IBM said: “Ireland is a key strategic location for IBM. The company has had a presence here since the 1950s with a rich history of innovation on projects of global impact, a tradition which continues up to today. This potential real estate transaction will not impact on IBM’s presence in Ireland which will continue to be a key strategic location for IBM for many years to come.”
The estimated rental value associated with this potential lease is about €2.8 million, which would provide the prospective purchasers with a strong level of initial income from a blue-chip anchor tenant.
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