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T5 Data Centers sells Elk Grove Village, Ill., property for $119M

T5 Data Centers sold a 208,000-square-foot data center in Elk Grove Village, Ill., for $118.9 million, The Real Deal reported.

The buyer of the 10-MW facility at 1441 Touhy Ave. was IPI Partners, a joint venture between ICONIQ Capital and an Iron Point Partners affiliate, according to the Sept. 4 report.