Chicago

Server Farm Realty Unveils New 450,000-Square-Foot State-of-the-Art Data Center in Chicago

By Gabriel Circiog, Associate Editor

Server Farm Realty LLC recently unveiled 840 South Canal, its newest state-of-the-art data center facility in Chicago, at an invitation-only ribbon cutting ceremony attended, among others, by Chicago’s Mayor Rahm Emanuel and Peerless Network’s CEO John Barnicle.

As previously reported by Commercial Property Executive, Server Farm Realty officially took over ownership of the 450,000-square-foot facility in January 2011. The facility previously housed the General Electric Co. factory and served as Northern Trust’s data center and operations hub. Server Farm Realty invested over $220 million to redevelop and transform the building into a Tier III data center. The revamped facility now features a concurrently maintainable design with 100 percent availability and delivers approximately 20 MW of power to over 138,000 square feet of raised data center suites. The eight-story building also maintains 4 MW of critical power over five data center floors and features one of the lowest Power Usage Effectiveness ratings in Chicago: 1.4 or better.

“Chicago is the ideal location for secure, low latency network infrastructure. Aggressive power rates with a low carbon fuel mix and efficient, free cooling conditions throughout much of the year align well with what today’s technology and media companies, healthcare organizations, financial services firms, and many others are looking for in a data center,” said Avner Papouchado, CEO of Server Farm Realty. Avner Papouchado continued by welcoming Peerless Network to the company’s expanding portfolio. Peerless signed a long term lease for 12,600 square feet on the top floor of 840 South Canal.

“SFR’s newest facility is located in one of the world’s most strategic markets for data center development and connectivity,” adds John Barnicle, president and CEO of Peerless Network. “As the first tenant in the building, we have already enjoyed highly personable service, customized to meet our business’ unique needs while implemented in a timely and extremely professional manner.”

Chicago boasts one of the lowest total cost of occupancy for data center users on top of being a global data center hub and interconnection point for virtually every fiber network.

Photo Courtesy of: www.840southcanal.com

Top Stories From Around The Web

Free Sunday Parking Goes Into Effect Today For Some Chicago Neighborhoods
This Father’s Day, dads in many parts of the city are getting something they haven’t had in years, free parking. But will it be bad for business? WBBM’s Michele Fiore reports from the Bronzevill…
CBS Chicago - June 18
City Converts State Street Median To ‘People Plaza’
The city has transformed a dirty median on State Street into an oasis for Downtown workers.
DNAInfo.com Chicago - June 18
Surface Lot At 601 W Jackson Finds Residential Block Savior
There’s been a great fuss over the surface parking lot at Jackson & Jefferson for the past year, and so we’re relieved that an apartment block rendering is taking prospects for the sit…
Curbed Chicago - June 18
Polarizing Apartment Project At Halsted & Bradley On The Rise
Once Lakeview NIMBYs loosened the vice on JDL Development’s rental housing plan for 3740 N Halsted, the 15-story L-shaped project soon took hold. Ald. James Cappleman’s (46th) support in t…
Curbed Chicago - June 18
Chicago Defender Building Put Up For Sale
Nearly two years after being hit with a foreclosure lawsuit, the owners of the former Chicago Defender building want to sell the vacant property for $4.2 million. A venture led by restaurateur Matthew…
ChicagoRealEstateDaily.com - June 18
Buck To Sell Elk Grove Village Office Building At Steep Discount
A Michigan firm known for investing in vintage downtown office buildings is shifting gears with a deal to buy a Class A tower in Elk Grove Village for about $20 million, another example of buyers stra…
ChicagoRealEstateDaily.com - June 18
New Yorker Seeks Big Return On Loop Office Sale
Just after adding one of Chicago’s biggest office properties to his portfolio, New York investor Michael Silberberg is selling a smaller one that has more than tripled its occupancy in two years…
ChicagoRealEstateDaily.com - June 18
Move Over Apartments, Here Comes Retail
Apartments have been the talk of the market since the crash, but it’s local retail properties that are giving investors a bigger bang for their buck.
ChicagoRealEstateDaily.com - June 18
New JV To Invest $100M For Recap, Ownership Of Chicago’s Prudential Plaza
By Gail Kalinoski, Contributing Editor The iconic 2.2 million-square-foot Prudential Plaza in Chicago will be upgraded and repositioned thanks to a $100 million recapitalization and ownership change…
Commercial Property Executive | Headlines - June 13
Bulls Break Ground On Downtown Practice Center
The Chicago Bulls broke ground today on the team’s new $25 million, 60,000-square-foot practice facility in the Lot J parking lot east of the United Center, a construction project expected to be…
Crain's Chicago Business - June 11