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ASB Completes Sale of Infomart Dallas

ASB completed the previously announced sale of Infomart Dallas to Equinix Inc. for $800 million.

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Infomart Dallas ASB purchased Infomart Dallas in 2005, expanding its capacity to 110 carriers with major tenants.

DALLAS–ASB Real Estate Investments completed the previously announced sale of Infomart Dallas, the iconic 1.6 million-square-foot data center and office complex, to Equinix Inc., the global interconnection and data center company, for $800 million. The transaction consideration consisted of cash and debt securities, which will be paid out to ASB over a 36-month period following closing.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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