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Deal Values Data Storage Complex Near Chicago’s O’Hare Airport at $900 Million

Digital Realty Forms Joint Venture With GI Partners, Takes Out $450 Million in New Debt
GI Partners has invested almost $300 million in two data centers in Elk Grove, Illinois, including this one at 1400 E. Devon Ave. (Dulce Rodriguez/CoStar)
GI Partners has invested almost $300 million in two data centers in Elk Grove, Illinois, including this one at 1400 E. Devon Ave. (Dulce Rodriguez/CoStar)

Digital Realty is recapitalizing two data centers near Chicago’s O’Hare International Airport, bringing in a nearly $300 million investment from a San Francisco-based investor and adding $450 million in securitized debt.

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