New Continuum Data Centers Announces The Acquisition Of Flagship West Chicago Data Center
Acquisition completes early investment cycle in the redevelopment of the western suburban Chicago facility as a multi-tenant colocation and interconnection data center.
IT infrastructure service provider, New Continuum Holdings Corporation, which operates New Continuum Data Centers (New Continuum), has announced the acquisition of the company’s flagship mission critical data center located at 603 Discovery Drive in West Chicago, Illinois. The facility, which was officially acquired in late December, was originally purpose-built as a data center by the previous owner. Post Road Group, a leading real estate bridge lender and investor in U.S. middle-market telecommunications infrastructure, provided the senior debt financing for this transaction.
“We are excited about providing New Continuum capital to finance the acquisition of this data center. We look forward to working with the New Continuum team as they continue to execute their business plan,” said Jason Carney, managing director, Post Road Group.