Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Best of the Best
  • Hall of Fame
  • Media & Marketing
MidwestCRE

Ascent sells the Chicago Data Center for $211.7M

Staff Writer April 5, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

One of the leading providers of comprehensive data center solutions, Ascent, now has a partnership with Carter Validus Mission Critical REIT, Inc. CVMC REIT acquired the Ascent CH2 Data Center Facility located in Northlake, Illinois for $211.7 million and will provide new capital for the continued and build out of the facility. Ascent will continue working directly with both current and future tenants through its operation of the CH2 Facility, managing all design, data center development, engineering and operational services, and construction.

CH2 is a 250,000 square foot multi-tenant facility that features Ascent’s purpose-built Dynamic Data Center Suite model, as well as shared infrastructure colocation suites. The facility is designed for a broad range of customers with diverse power density requirements and computing, as it accommodates users with critical power requirements from less than 1 MW up to 20 MW of gross power.

The partnership allows both parties to focus on their core competencies, as Ascent will continue to deliver custom, built-to-suit data center suites and wholesale colocation space, and CVMC REIT will deliver financial resources to the project.

Tags
Inc
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MidwestWisconsinMultifamily

Berkadia brokers sale of 458-unit multifamily property in Mount Pleasant

October 13, 2026
MidwestMinnesotaFinance

Northmarq arranges $50 million in financing for 235-unit apartment community in Bloomington

October 13, 2026
TexasIndustrial

Lee & Associates closes 10,000-square-foot industrial lease in Haltom City

October 13, 2026
TexasIndustrial

Brixton Capital closes sale of Dow Texas Innovation Center in Lake Jackson

October 13, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com