Operator teams up with real estate companies to build major center from ground up, next door to existing site of major interconnectivity.

October 19, 2016

2 Min Read

CHICAGO -- CBRE Group, Inc. announced today that its Data Center Solutions Practice has commenced pre-leasing for a new data center at 330 East Cermak Road in Chicago, to be developed by Digital Realty and CenterPoint Properties on a site adjacent to one of the largest interconnection hubs in the world.

Upon completion, which is expected to be within two years of breaking ground, the 330 East Cermak data center will provide up to 660,000 square feet and 54 megawatts of utility load. The timing for commencement of development, as well as the final size, power density and redundancy configuration, will be subject to market demand.

The site of the new project is adjacent to Lakeside Technology Center, Digital Realty’s existing 1.1 million square foot data center at 350 East Cermak, the premier interconnection, colocation and telecommunications hub in the Midwest and the nucleus of Chicago’s commodity markets and financial firms.

“Data center demand is surging, driven by the rapid growth of cloud adoption and corporate IT outsourcing,” said Todd Bateman, North American Agency Practice Leader for CBRE’s Data Center Solutions Group. “Demand is outpacing supply, both at the national level and within the Chicago area in particular. The state-of-the-art proposed design at 330 East Cermak, along with the proximity to Lakeside Technology Center at 350 East Cermak, would address market demand and provide prospective customers with the expansion capacity and network density to meet their colocation and interconnection needs.”

Digital Realty and CenterPoint Properties have commenced design and engineering for the planned 12-story annex, which would provide up to 54 Megawatts of utility power from Commonwealth Edison. The facility will also provide zero-latency connection to the meet-me-rooms at 350 East Cermak.

“We are delighted to be partnering with CBRE and CenterPoint Properties to build upon the success of our connected campus strategy in Chicago,” said A. William Stein, Digital Realty’s chief executive officer. “With the expansion of our Cermak flagship, Digital Realty will be even better positioned to future-proof our customers’ growth, while simultaneously satisfying their most performance-sensitive requirements.”

Digital Realty Trust Inc.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like