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Chicago development, a value-driven major market where a deep multifamily pipeline, downtown office repositioning, and industrial strength meet a Midwest affordability edge.

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Capital & Deals / Chicago / 2 min

GI Partners Pays Record $750M for Elk Grove Village Data Center

GI Partners paid $750M for a 189,240-sf Elk Grove Village data center, about $3,963 per sf, a record price for the O'Hare-area submarket.

$750MPurchase price
189,240 sfBuilding size
$3,963/sfImplied price per sf
$712MSeller's total cost, 2024

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