SEATTLE and WASHINGTON, July 08, 2026 (GLOBE NEWSWIRE) — Sabey Corporation (“Sabey”) and National Real Estate Advisors, LLC (“National”) disclosed today that Ares Secondaries funds (“Ares”) have acquired a minority equity stake in Sabey Data Center Properties, LLC (“SDCP”), a firm that owns, develops, and runs data centers throughout the United States.
SDCP operates as a fully integrated data center platform co-owned and co-governed by Sabey and National, which serves as the discretionary investment manager for its institutional clients. This platform spans six active campuses delivering roughly 251 megawatts of operational capacity, with the potential to triple that figure by 2036 on its current land holdings.
This deal broadens the ownership structure, bringing in institutional capital equipped for future growth to bolster SDCP’s targeted expansion. The investment further mirrors the current robust appetite for large-scale data center infrastructure, fueled by cloud computing, artificial intelligence, and enterprise workloads.
“Having Ares join as an investor represents a powerful vote of confidence in SDCP’s platform, our team, and the sustained demand we observe for large-scale data center infrastructure,” stated Tim Mirick, President of SDCP. “With Sabey, National, and now Ares united behind the business, we are ideally situated to implement our measured growth strategy and provide the essential capacity our clients require.”
“Sabey and National have cultivated a long-term alliance around this platform, and we are delighted to welcome Ares into that ongoing partnership. This investment introduces another institutional partner that aligns with and reinforces our methodical approach to expanding our data center portfolio,” remarked Jeffrey Kanne, President and CEO of National Real Estate Advisors.
“We are extremely pleased to collaborate with Sabey and National to fuel SDCP’s next growth phase. This investment underscores our confidence in the sector and the strength of our Secondaries platform in delivering adaptable capital solutions to premier real estate fund managers and operators. Through this investment, we obtain access to a high-quality existing operational portfolio leased to a varied set of largely investment-grade tenants, encompassing a blend of major enterprises and hyperscalers, along with a substantial land bank to support ongoing expansion,” stated Jamie Sunday, Co-head of Real Estate Secondaries at Ares.
Evercore (NYSE: EVR) and Citizens Capital Markets & Advisory, a division of Citizens Financial Group (NYSE: CFG), acted as financial advisors to SDCP for this deal.
This transaction highlights SDCP’s standing as a leading privately owned data center platform in the United States. With Ares’ capital infusion, SDCP is well-prepared to speed up development across its current campuses and chase new prospects in key data center markets.
For further details on Sabey Corporation, go to https://sabey.com/.
For further details on SDCP, go to: https://sabeydatacenters.com.
Note: This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Operating megawatts figure includes 76MW of built powered shell capacity. Information as of March 31, 2026.
About Sabey Data Center Properties (SDCP)
Holding a portfolio exceeding four million square feet of mission-critical space, Sabey Data Centers ranks among the largest privately owned multi-tenant data center owners/developers/operators in the United States. Sabey focuses on scalable, custom-built data center solutions recognized for their efficiency, low total cost of ownership, operational maturity, and consistent uptime. Sabey delivers sustainable data center services to numerous leading financial, technology, and healthcare firms globally. The company is a joint venture between Sabey Corporation and National Real Estate Advisors, LLC, serving as the investment manager for its institutional clients.
To learn more about Sabey Data Centers, please visit sabeydatacenters.com.
About Sabey Corporation
Sabey is a privately owned commercial real estate development and investment firm founded in 1971, specializing in data center, medical and life sciences, education, government, and military properties. Based in Tukwila, Sabey has a workforce of more than 270 individuals.
About National Real Estate Advisors, LLC
National Real Estate Advisors, LLC (“National”) is an investment manager that develops, operates, and oversees commercial real estate and infrastructure projects across the United States. Since 2000, National has assembled diversified investment portfolios currently focused mainly on multifamily, data centers, healthcare-related, and mixed-use facilities. The firm oversees separate accounts and commingled investment vehicles for investors, utilizing a disciplined investment process and a development-driven approach to value creation. National is an independently run subsidiary of the National Electrical Benefit Fund (“NEBF”), a pension trust whose assets are managed by National on a discretionary basis. For more details, visit www.natadvisors.com.
About Ares Management Corporation
Ares Management Corporation is a premier global alternative investment manager supplying clients with complementary primary and secondary investment solutions across the credit, real estate, private equity, and infrastructure asset classes. The firm aims to further its stakeholders’ long-term objectives by offering flexible capital that supports businesses and generates value for investors and within communities. Through collaboration across investment groups, it strives to produce consistent and attractive returns across market cycles. As of March 31, 2026, Ares Management Corporation’s global platform had over $644 billion in assets under management, with operations spanning North America, South America, Europe, Asia Pacific, and the Middle East. For more details, visit www.ares.com.
Media Contacts
Sabey Corporation:
Luke Woodcock, luke.woodcock@sabey.com
SDCP:
iMiller Public Relations, sabey@imillerpr.com
National Real Estate Advisors:
Jill Asher, jasher@natadvisors.com
Ares:
Jacob Silber | Lauren Sullivan
media@ares.com
