News
SALE FOR REDEV
June 9, 2010
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| Joan Rivers would be proud: 505 Railroad Ave is getting a makeover after Lee & Associates' John Cassidy and Kenneth Franzese closed a sale on the 284k SF facility in Northlake. The property will be redeveloped as CH2, a data center with flexibility to accommodate single or multiple independent users. Delivery options include a Powered Suite, Turnkey Infrastructure Suite, and Container Colo Suite. It will be developed and operated by Ascent. Arecent JLL study indicated that Chicago is the fourth-best area to open a data center in the country. |
