Digital Realty acquires Chicago data center sells for $315M

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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 company statement.

That’s the highest price ever paid for a Chicago-area data center, according to Crain’s Chicago Business.

The data center, located at 505 N. Railroad Ave., had a net book value of about $227.3 million, according to the statement.

The transaction is expected to close in the fourth quarter of 2017.

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