Sabey Corporation and National Real Estate Advisors have brought in new institutional capital to support the growth of Sabey Data Center Properties (SDCP), their jointly owned data center platform. Funds managed by Ares Secondaries have made a minority equity investment in SDCP, which owns, develops, and operates data centers across the United States.
SDCP is described as a fully integrated data center platform that is jointly owned and governed by Sabey and National. National serves as the discretionary investment manager for the platform on behalf of its institutional clients. Through this structure, SDCP aggregates capital and expertise from its sponsors and institutional investors to pursue scaled data center opportunities.
The SDCP platform currently encompasses six energized data center campuses with approximately 251 megawatts of operating capacity. According to the companies, the existing land holdings provide an opportunity to roughly triple that output by 2036, underscoring a long runway for expansion on sites the platform already controls. The new minority equity capital from Ares Secondaries is intended to broaden the ownership base and add additional institutional capital to help fund that targeted growth.
Sabey and National noted that the transaction is occurring against the backdrop of strong demand for large-scale data center infrastructure. They cited cloud computing, artificial intelligence, and enterprise workloads as key drivers of current demand for capacity across SDCP’s portfolio. By adding another institutional investor with dedicated secondaries capital, the platform aims to position itself to address this demand on both existing campuses and future expansion phases.
Tim Mirick, president of SDCP, framed the Ares Secondaries investment as a vote of confidence in the platform and its strategy. He said that welcoming Ares as an investor is a strong endorsement of SDCP’s platform, its team, and the long-term demand the company is seeing for scaled data center infrastructure. The parties did not disclose financial terms of the minority equity investment or specific transaction metrics.
The announcement comes as institutional investors continue to focus on digital infrastructure as a growth sector within commercial real estate and real assets more broadly. SDCP’s combination of operational scale, embedded expansion capacity, and institutional sponsorship provides a platform for deploying new capital to meet rising requirements from cloud and enterprise users.
Separately, Connect CRE highlighted an upcoming industrial real estate conference scheduled for August 20, featuring executives, investors, and developers discussing capital flows, debt trends, occupier demand, and development strategies in the industrial sector.
