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T5 buys Alter Group property for Grayslake data center | Crain's Chicago Business chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
Itasca office buildings sold to data center giant chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.
Plentiful electricity and fiber optics, along with an enticing state tax break, have made Elk Grove Village and its northwest suburban neighbors a hub of the booming market. ....
Provided It isn’t often that state and local government in Illinois get singled out for a pro-business mindset, but that’s the message coming from people connected to a thriving submarket in industrial real estate data centers. As development projects go, data centers aren’t the flashiest things. Some have occupied space in attractive old buildings, the best example being the old R.R. Donnelley plant at 350 E. Cermak Road, reputedly among the largest such facilities in the world. The newer ones are custom built in industrial areas, low-slung buildings that are necessarily drab, although some have lately dressed up the designs. They are mostly sprawling boxes for the equipment that makes our daily activities possible, be they streaming movies, storing work in a data cloud, trading stocks or riding in a vehicle tricked out with the latest tech. ....