Business
GI Partners and Legacy Investing, LLC Complete Acquisition of Former Chicago Board Options Exchange Headquarters for Data Center Conversion
GI Partners, a leading private alternatives investment firm with deep experience investing in data centers, and Legacy Investing, LLC, a leading data center developer and operator, today announced the acquisition of 400 S. LaSalle Street, a 300,500 SF building in downtown Chicago, former headquarters of the Chicago Board Options Exchange ("CBOE"). GI Partners and Legacy Investing plan to convert the iconic property into a 33 MW state-of-the-art data center.
About this update from Cboe Global Markets, Inc.
[{"type":"text","content":"The iconic 300,500 SF Chicago Landmark to be transformed into a state-of-the-art 33 MW data center, bringing new power capacity and low-latency connectivity to the heart of Chicago's Loop","length":191,"tagName":"p","attribs":{}},{"type":"text","content":"SCOTTSDALE, Ariz. and ARLINGTON, Va., Nov. 14, 2025 /PRNewswire/ -- GI Partners, a leading private alternatives investment firm with deep experience investing in data centers, and Legacy Investing, LLC, a leading data center developer and operator, today announced the acquisition of 400 S. LaSalle Street, a 300,500 SF building in downtown Chicago, former headquarters of the Chicago Board Options Exchange ("CBOE"). GI Partners and Legacy Investing plan to convert the iconic property into a 33 MW state-of-the-art data center.","length":544,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/GI Partners)","displaySize":"","headline":null,"caption":"(PRNewsfoto/GI Partners)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":195,"url":"https://media.zenfs.com/en/prnewswire.com/579fa51c2ede566a2149b1b5e503a4e4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5W.d_3UEMYSl_wB9JLgxZA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM0NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/579fa51c2ede566a2149b1b5e503a4e4","width":400,"height":195}},"href":"https://mma.prnewswire.com/media/653537/GI_Partners_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Located in Chicago's Loop central business district, the property offers exceptional fiber density and is one of the only downtown Chicago buildings capable of delivering over 20 MW of new critical load ready for service by early 2027. Its 50,000-square-foot floor plates, 35-foot column-free ceiling heights, and robust structural capacity make it ideal for conversion into a state-of-the art facility in one of the nation's most connected data center markets.","length":469,"tagName":"p"},{"type":"text","content":"The acquisition will bring new power, connectivity, and innovation to the city's core and reposition a landmark building with world-class infrastructure to serve the next generation of computing. The downtown location provides exceptional network-centric connectivity and delivers low latency performance in the Chicago Loop. This project embodies how ...