CHICAGO—Officials from Ascent, a provider of data centers, and Carter Validus Mission Critical REIT say they have secured a lease from TransUnion, the first tenant to occupy the new colocation suite in their CH2 data center facility. As reported in GlobeSt.com, Ascent sold it’s the suburban Northlake property to the REIT earlier this year for $211.7 million. As part of the deal, CVMC REIT would provide new capital for an expansion of the facility and Ascent would continue to operate it and manage all development, design, construction and engineering. Ascent collaborated with TransUnion, a global player in credit and information management services, to custom design the data center to suit its specific technical needs.

CH2 is a 250,000-square-foot multi-tenant facility that features Ascent’s purpose-built Dynamic Data Center Suite model and a shared infrastructure colocation suite. The newly-constructed space offers low power usage, free cooling for approximately 45% of the year, hot aisle containment and an onsite transmission substation. TransUnion’s space has 1.2 MW of power. The project – from design to build-out – was completed in seven months. Ascent delivered the suite to TransUnion in May 2014. Ascent and TransUnion will host a grand opening of the new suite in October.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.