We compute the spectrum of the su(m) spin Sutherland model of B N type, including the exact degeneracy of all energy levels. By studying the large coupling constant limit of this model and of its scalar counterpart, we evaluate the partition function of their associated spin chain of Haldane-Shastry type in closed form. With the help of the formula for the partition function thus obtained we study the chain's spectrum, showing that it cannot be obtained as a limiting case of its BC N counterpart. The structure of the partition function also suggests that the spectrum of the Haldane-Shastry spin chain of B N type is equivalent to that of a suitable vertex model, as is the case for its A N−1 counterpart, and that the density of its eigenvalues is normally distributed when the number of sites N tends to infinity. We analyze this last conjecture numerically using again the explicit formula for the partition function, and check its validity for several values of N and m.