Equinix acquired the iconic Infomart Dallas colocation data center last month for €800 million. Now the remaining three Infomart data centers have been sold to a data center investment company, IPI Data Center Partners Management, LLC. This company invests in data centers and other technology and connectivity-related real assets and is sponsored by ICONIQ Capital, LLC and an affiliate of Iron Point Partners, LLC.
Infomart Data Centers offers highly connected wholesale and colocation data centers in Tier I markets throughout the United States. Infomart’s three data centers are located in San Jose, California; Hillsboro, Oregon; and Ashburn, Virginia. Financial terms of the acquisition were not disclosed.
Combined, the three Infomart 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, would help enable the company to continue to grow with existing and new tenants.