T5 Data Centers acquired its CHI V data center site in Elk Grove Village, Illinois.
This acquisition underscores T5’s agility in finding high-quality data center assets in one of the country’s most dynamic data center markets.
The newly acquired property is situated in the heart of the Chicago data center market, boasting a prime location within a high-demand data center ecosystem. CHI V offers access to critical infrastructure and connectivity on seven acres currently zoned for data center use. Plans for the site’s development include a new 220,000 sq. ft. facility to support high-density cloud and artificial intelligence (AI) applications. The facility will offer 36 MW of critical IT capacity, ensuring a robust and reliable infrastructure to meet the growing demand for these applications. CHI V is slated for occupancy in 2028.
The acquisition of CHI V represents an exciting expansion in a core growth market for T5 Data Centers and its customers, showcasing T5’s ability to identify a high-quality data center site and to execute the transaction quickly. CHI V is the newest among four other regional data center sites located in Grayslake, Northlake, and Elk Grove Village.
