22 March 2018
| Natalie Bannerman
Infomart Data Centers has announced that it is selling three of its data centres and its management company to IPI Data Center Partners Management (IPI Partners).
The deal has been struck by ASB Real Estate Investments
(ASB) for an undisclosed amount and Infomart’s San
Jose, California; Hillsboro, Oregon; and Ashburn, Virginia are
the three facilities to be sold. The sites have a combined
total of 665,000 sqft with 27.2 megawatts of total in-place
capacity and 29.7 megawatts of additional expansion
Infomart says that it has attracted a blue-chip list of
global technology and enterprise tenants across its portfolio
and that, the new investment sponsorship supports the
company’s long-term growth, operations and
partnership with existing and prospective tenants.
IPI Partners is an investor in data centres and other
technology and connectivity-related real assets.
Back in February ASB sold Infomart Dallas to Equinix for $800
million debt and cash deal. Speaking at the time, Karl
Strohmeyer, Americas president at Equinix, said: "As Dallas
becomes an increasingly strategic North American
interconnection hub for businesses making the shift to digital,
the acquisition of the Infomart will enable existing and new
customers to scale their operations with Equinix."
The same month, Opus Interactive, a provider of cloud hosting
solutions, completed its 90kW expansion of its footprint within
Infomart Data Centers’ facility in Portland,
Oregon. At the time, John Sheputis, president of Infomart
Data Centers, said: "Opus Interactive’s latest
expansion within Infomart Portland is a testament to
Infomart’s service mindset as well as the
region’s continued growth, largely thanks to its
renewable and cost-effective power access, tax incentives,
technical workforce, and ascending position as the new 'digital
gateway’ to Asia Pacific.
Infomart Data Centers,
IPI Data Center Partners Management,
ASB Real Estate Investments,