
News | 04/01/26

Seattle, WA and Washington, D.C. – July 8, 2026 — Sabey Corporation (“Sabey”) and National Real Estate Advisors, LLC (“National”) today announced that Ares Secondaries funds (“Ares”) have made a minority equity investment in Sabey Data Center Properties, LLC (“SDCP”), an owner, developer, and operator of data centers across the United States.
SDCP is a fully integrated data center platform jointly owned and governed by Sabey and National, acting as the discretionary investment manager on behalf of its institutional clients. The platform spans six energized campuses totaling approximately 251 megawatts of operating capacity, with an opportunity to triple that output by 2036 on existing land holdings.
The transaction expands the ownership base, adding institutional capital with capacity for future expansion to support SDCP’s targeted growth. The investment also reflects the current strong demand for scaled data center infrastructure driven by cloud computing, artificial intelligence, and enterprise workloads.
“Welcoming Ares as an investor is a strong endorsement of SDCP’s platform, our team and the long-term demand we’re seeing for scaled data center infrastructure.” said Tim Mirick, President of SDCP. “With Sabey, National and now Ares aligned behind the business, we are well positioned to execute our disciplined growth plan and deliver the mission-critical capacity our customers need.”
“Sabey and National have built a longstanding partnership around this platform, and we’re pleased to welcome Ares as part of that continued relationship. This investment adds an additional institutional partner that aligns with and supports our disciplined approach to growing our data center portfolio,” said Jeffrey Kanne, President and CEO of National Real Estate Advisors.
“We are very pleased to partner with Sabey and National to support the next phase of SDCP’s growth. This investment reflects our conviction in the sector and the strength of our Secondaries platform in providing flexible capital solutions to leading real estate fund managers and operators. Through this investment we gain access to a quality existing operating portfolio leased to a broad set of predominantly investment-grade tenants, including a mix of large enterprises and hyperscalers, and a sizeable land bank to support continued growth,” said Jamie Sunday, Co-head of Real Estate Secondaries at Ares.
Evercore (NYSE: EVR) and Citizens Capital Markets & Advisory, a subsidiary of Citizens Financial Group (NYSE: CFG) served as financial advisors to SDCP on the transaction.
The transaction underscores SDCP’s position as one of the leading privately held data center platforms in the United States. With Ares’ investment, SDCP is well-positioned to accelerate development across existing campuses and pursue new opportunities in key data center markets.
To learn more about Sabey Corporation, visit https://sabey.com/.
To learn more about SDCP, visit: https://sabeydatacenters.com.