Ares Management has increased its investment in Sabey Data Center Properties through its Ares Secondaries funds, bringing its total commitment to more than $500 million following an original minority equity stake announced in July 2026. Sabey's current data center footprint totals 275 MW and approximately four million square feet across the United States, with an expansion pipeline projected to reach roughly 737 MW by 2033. The company operates sites in Quincy, Seattle, and East Wenatchee, Washington; New York City; Austin, Texas; Umatilla, Oregon; Indianapolis, Indiana; and Ashburn, Virginia. Ares, which manages $671 billion in assets and also owns data center firm Ada Infrastructure, said it sees significant runway for continued growth in the platform.

Why this matters

A follow-on commitment pushing total investment past $500 million signals sustained institutional confidence in Sabey's growth trajectory at a time when secondary market data center investments are becoming more common. The deal also highlights the role of alternative asset managers in financing mid-tier data center operators as they scale to meet cloud and AI infrastructure demand.

Why the Digest selected this story

Ares upping its investment in Sabey Data Centers signals continued private capital flow into the colocation sector and is a distinct market event worth tracking for REIT and investment watchers.

Read the full story at Data Center Dynamics →