More than 200 results for “Data Center”
Industrial N Illinois

No end in sight for speculative industrial

| Matt Baker

From this time last year until now, unemployment in Chicago is down and the number of construction jobs are up. The market downturn that many fear hasn’t yet reared its head. All of which means the historic run of speculative development in Chicago continues apace.

Seniors Housing N Illinois

Ventas' Debra Cafaro inducted into ASHA all of fame

Ventas chairman and CEO Debra A. Cafaro was inducted into the American Seniors Housing Association’s (ASHA) Senior Living Hall of Fame on January 31, 2019, in recognition of her industry vision, innovation and foresight. Cafaro was honored alongside Sunrise Senior Living founder Paul Klaasen and National Investment Center for Seniors Housin…

Finance N Illinois

Navigating the changing tides of CRE financing

| Daniel Barrins

In today’s world of commercial real estate finance, there is a vast ocean of cash available to fill a capital stack. The financing world has evolved in the post-recession years with alternative lenders emerging to fill the void left by bank consolidation, a decline in worldwide commercial mortgage backed securities (CMBS) issuance and a gen…

Office N Illinois

Consulting firm Slalom moves to Chicago's Aon Center

Slalom, a consulting firm focused on strategy, technology and business transformation, announced the relocation of its Chicago office from Prudential Plaza to the Aon Center. The firm’s Chicago consulting business and build center, Slalom Build, will now occupy 65,000 square feet on two floors at the Aon Center, more than doubling their pre…

Industrial N Illinois

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 Discovery Drive in West Chicago, Illinois. The facility, which was officially acquired in late December, was originally purpose-built as a data center by the pr…

Industrial N Illinois

Where real estate intersects with technology

| Matt Baker

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 that overlays the physical, where one’s setting is mostly irrelevant. That’s why there is a growing need to merge the two, to find that place where property and technology can interface.

Healthcare Midwest

Welltower, CNL Healthcare exchange $1.25 billion MOB portfolio

Welltower Inc. and CNL Healthcare Properties have entered into a definitive agreement under which Welltower will acquire a Class A medical office and outpatient facilities portfolio comprised of 55 buildings from CNL Healthcare Properties for $1.25 billion. The sale is expected to close during the first half of 2019, subject to customary cl…

CRE N Illinois

Construction starts slip in November

| Matt Baker

On the whole, commercial construction is ahead of the pace set at this time last year. But according to recent research by Dodge Data & Analytics, construction starts last month faltered significantly.

CRE N Illinois

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 of Chicago’s business district. Digital Capital Partners, LLC (“DCP”), a Chicago-based wholesale carrier-neutral data center provider, were advised by Seyfarth Shaw in the sale of…

Industrial N Illinois

Short supply to continue for Chicago's suburban industrial market

| Matt Baker

There are no signs of slowing down for industrial assets in Chicago’s suburban submarkets heading into 2019, with tenant activity driving considerable absorption and construction starts. And as demand outpaces supply, these users continue to find space shortages in many parts of Chicago, according to a new report from Brown Commercial Group…