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New Continuum Data Centers Announces the Acquisition of Flagship West Chicago Data Center

January 07, 2019 / businesswire

IT infrastructure service provider New Continuum Holdings Corporation, which operates New Continuum Data Centers (New Continuum), today announces 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. New Continuum began leasing the property in the fall of 2013 when it commenced construction on a redevelopment project for the buildin...