Ares takes minority stake in Sabey Data Center Properties

Sabey Data Center Properties, LLC (SDCP) has received a minority equity investment from Ares Secondaries funds, according to a press release from Sabey Corporation and National Real Estate Advisors, LLC.

SDCP is a jointly owned data center platform between Sabey Corporation and National Real Estate Advisors, LLC. The platform operates six campuses with approximately 251 megawatts of capacity across the United States. The company claims it has the potential to triple that output by 2036 using existing land holdings.

The financial terms of the investment were not disclosed. Evercore (NYSE: EVR) and Citizens Capital Markets & Advisory, a subsidiary of Citizens Financial Group (NYSE: CFG), served as financial advisors to SDCP on the transaction.

Tim Mirick, President of SDCP, said the addition of Ares positions the company to "execute our disciplined growth plan and deliver the mission-critical capacity our customers need."

Jamie Sunday, Co-head of Real Estate Secondaries at Ares, said the investment provides "access to a quality existing operating portfolio leased to a broad set of predominantly investment-grade tenants, including a mix of large enterprises and hyperscalers, and a sizeable land bank to support continued growth."

Ares Management Corporation reported over $644 billion in assets under management as of March 31, 2026.

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