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ASB Real Estate Investments sells three remaining data centers to IPI Partners


Washington, DC — Following on its announced $800 million agreement to sell Infomart Dallas to Equinix, ASB Real Estate Investments (ASB) announced a separate transaction, the completed all-cash sale of its three remaining data centers and their operations to an affiliate of IPI Data Center Partners Management, LLC (IPI Partners). The three assets total 665,000 s/f of space and are located in San Jose, CA; Hillsboro, OR; and Ashburn, VA. ASB agreed to the sale on behalf of its Allegiance Fund, a $7.4 billion core real estate investment vehicle.

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