CME to sell Aurora, Ill data centre

CME Group reports from Chicago and Dallas that it has entered into a definitive agreement to sell its suburban Chicago data centre in Aurora, Ill. to CyrusOne, Inc, a global data centre services provider, for US$130 million.  The transaction is subject to customary closing conditions.

As part of the sale, CME Group will enter into a 15-year lease for data centere space and will continue to operate its electronic trading platform, CME Globex, from the data centre and will offer co-location services there.  CME Group will have the ability to expand co-location services within the leased space going forward. The agreement also outlines the ways in which CyrusOne and CME Group will enhance the range of services available to their mutual customers through connectivity, hosting and data offerings.

Jim Rosenbloom and Mike Manuel of the law firm of Goldberg Kohn represented CME Group. DLA Piper advised CyrusOne.