Sabey Data Center Properties Secures Additional Investment from Ares to Support Continued Growth
Seattle, WA and Washington, D.C. – October 5, 2026 – Sabey Corporation ("Sabey") and National Real Estate Advisors, LLC ("National") today announced that Ares Secondaries funds ("Ares") have expanded their investment in Sabey Data Center Properties, LLC ("SDCP"), an owner, developer, and operator of data centers across the United States. The additional commitment builds on Ares' minority equity investment in SDCP announced in July 2026, bringing its total investment to more than $500 million.
SDCP is a fully integrated data center platform that owns and operates hyperscale and enterprise data center campuses located in top-tier United States data center markets totaling 275 megawatts (MW), with an expansion pipeline expected to reach approximately 737 MW by 2033.
"This follow-on investment reflects continued conviction in SDCP's long-term value proposition and growth trajectory. We remain focused on disciplined growth and delivering the digital infrastructure needed to support the next generation of cloud and AI demand."
— Kevin Verdi, Executive Vice President & Chief Investment Officer, National Real Estate Advisors
"We are pleased to deepen our relationship with Ares as we continue executing on our long-term growth strategy. This additional commitment reflects confidence in the strength of our platform and our ability to develop and operate the mission-critical infrastructure our customers rely on."
— Tim Mirick, President, Sabey Data Center Properties
"We are pleased to expand our investment in SDCP and build on our relationship with the Sabey and National teams as we continue to see significant runway for growth."
— Jamie Sunday, Co-Head of Real Estate Secondaries, Ares Management
The additional investment further aligns three long-term partners committed to supporting SDCP's continued growth and expanding the platform's ability to serve customers across an increasingly data-driven economy.
About Sabey Data Center Properties (SDCP)
With a portfolio of more than four million square feet of mission-critical space, Sabey Data Centers is one of the largest privately owned multi-tenant data center owners/developers/operators in the United States. Sabey specialises in scalable, custom-built data center solutions recognised for their efficiency, low total cost of ownership, operational maturity and sustained uptime. The company is a joint venture between Sabey Corporation and National Real Estate Advisors, LLC. For more information, visit sabeydatacenters.com.
About Sabey Corporation
Sabey is a privately held commercial real estate development and investment company established in 1971, specialising in data center, medical and life sciences, education, government and military properties. Headquartered in Tukwila, Sabey employs more than 270 people. For more information, visit sabey.com.
About National Real Estate Advisors, LLC
National Real Estate Advisors, LLC is an investment manager developing, operating, and managing commercial real estate and infrastructure projects across the United States. Since 2000, National has built diversified investment portfolios concentrated primarily in multifamily, data centers, healthcare-related, and mixed-use facilities. National is an independently operated subsidiary of the National Electrical Benefit Fund (NEBF). For more information, visit natadvisors.com.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. As of June 30, 2026, Ares Management Corporation's global platform had over $671 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, visit ares.com.