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Infomart Data Centers Announces Sale of Three Data Centers and Management Company to IPI Partners
SAN JOSE, Calif., March 21, 2018 (GLOBE NEWSWIRE) -- Infomart Data Centers (“Infomart”), a national wholesale carrier-neutral data center provider, today announced the sale of three of its data centers and its management company to IPI Data Center Partners Management, LLC (“IPI Partners”) by ASB Real Estate Investments. IPI Partners is an investor in data centers and other technology and connectivity-related real assets. Financial terms were not disclosed.
A part of the transaction, an affiliate of IPI Partners will acquire Infomart’s data centers in San Jose, California; Hillsboro, Oregon; and Ashburn, Virginia. Combined, the three data centers total 665,000 square feet with 27.2 megawatts of total in-place capacity and 29.7 megawatts of additional expansion potential. Infomart’s high-quality facilities in top locations have attracted a blue-chip list of global technology and enterprise tenants across the portfolio. In-place capacity as well as expansion opportunities will help enable the company to continue to grow with existing and new tenants. About Infomart Data Centers Since the company’s inception, Infomart has demonstrated its commitment to environmental responsibility in designing and building energy-efficient and sustainable data centers for performance-driven organizations. Infomart Data Centers offers highly connected wholesale and colocation facilities in Tier I markets throughout the United States. For more information, please visit www.infomartdatacenters.com or connect with Infomart on Twitter and LinkedIn. About IPI Data Center Partners Management, LLC Media Contacts: For Infomart Data Centers, please direct inquiries to: iMiller Public Relations for Infomart Data Centers +1-866-307-2510 [email protected] For IPI Partners, please direct inquiries to: JP Letourneau Abernathy MacGregor, for IPI Partners +1-212-371-5999 [email protected] |