Data center vacancy down in Chicago as users turn to new space
The Chicago data center market vacancy stood at 10.7 percent for the second half of 2018, down from 11.2 percent in the first half of…
Data Center
HFF arranges acquisition/bridge debt financing for Chicago data center portfolio
Holliday Fenoglio Fowler, L.P. (HFF) arranged a debt financing for a two-property data center portfolio totaling more than 194,000 square feet in the Chicago-area community…
New Continuum Data Centers scoops up West Chicago data center
IT infrastructure service provider New Continuum Holdings Corporation, which operates New Continuum Data Center, has acquired a flagship mission critical data center, located at 603…
Where real estate intersects with technology
The importance of location to real estate is so profound, it's usually thrice repeated. The opposite is true of our second world, the digital realm…
CIM Group acquires data center in Chicago’s central business district
CIM Group and fifteenfortyseven Critical Systems Realty (“1547") announced the acquisition of an operating data center located at 725 S. Wells Street in the heart…
Chicago positioned to capture new, large data center users
Nationally, large cloud users are driving up demand and absorption of data centers. New supply within Chicago, the third-largest data center market in the country,…
Industrial Insider: The rise of data centers
This month, the Industrial Insider will explore the rise of data centers. As the property type continues to experience double-digit growth and we expect that…
Chicago’s data center market will continue to cruise in 2018
The global data center market went out strong at the end of 2017, and looks as if it will continue to surge for the foreseeable…
Digital Realty acquires Chicago data center sells for $315M
Carter Validus Mission Critical REIT has reached an agreement to sell its data center in Northlake for $315 million to Digital Realty, according to a…