Sabey Data Centers

Sabey Data Centers
Company typePrivate
IndustryData centers
Headquarters
Tukwila, Washington
,
United States
Key people
Tim Mirick (President)
ParentSabey Corporation
Websitesabeydatacenters.com

Sabey Data Centers is a United States-based company engaged in the development, ownership and operation of multi-tenant data centers. It is the data-center business unit of Sabey Corporation, a privately held real-estate and development group based in Tukwila, Washington.[1] The company reports managing more than 3.5 million square feet of data center space and nearly 400 megawatts of capacity across the U.S.[2]

History

Sabey Corporation was founded in 1972 by Dave Sabey and initially focused on commercial real estate development and construction across the Pacific Northwest.[1] The dedicated data-center business emerged in the 2000s and grew through acquisitions and new campus developments.

In June 2011, Sabey acquired the 32-story former Verizon/NY Telephone building at 375 Pearl Street in Manhattan and began its conversion into an urban data-center facility.[3][4] The retrofit opened in 2013.[5]

In April 2020, Sabey issued US\$800 million of securitized notes backed by data-center revenues to refinance debt and support expansion.[6][7]

On 1 January 2025, Sabey announced that Tim Mirick would assume the role of President of Sabey Data Centers, succeeding Rob Rockwood.[8]

Structure and ownership

Sabey Data Center Properties, LLC is the joint-venture entity between Sabey Corporation and National Real Estate Advisors that owns and operates the data-center assets.[9] In September 2023, the joint venture announced plans for a 100 MW+ campus in Umatilla, Oregon.[10]

Operations

Sabey develops and operates carrier-neutral multi-tenant colocation facilities, powered-shell and build-to-suit data centers.[11] Its operations emphasise energy efficiency, modular build-to-suit capability, and a vertically integrated design-build-operate model. A case study by the New York State Energy Research & Development Authority (NYSERDA) documents efficiency upgrades at the Intergate Manhattan facility.[12]

Locations

As of 2025, Sabey lists campuses or facilities in the following U.S. markets:

  • Seattle, Washington (Intergate Seattle) — More than 1 million square feet across multiple buildings and about 54 MW of capacity.[13]
  • Quincy & East Wenatchee, Washington — Columbia River region campuses powered primarily by hydroelectricity.
  • Ashburn, Virginia — Third building under construction in 2025, targeting 54 MW for that building and ~85 MW total campus capacity.[14][15]
  • New York City — Intergate Manhattan at 375 Pearl Street, a retrofitted telecom building opened in 2013.[16]
  • Austin metro, Texas (Round Rock) — Campus completed first building in October 2024 with 430,000 sq ft and up to 84 MW critical power.[17][18]
  • Umatilla, Oregon — Planned 60-acre, 100 MW+ site in development.[19]

Notable projects

  • Intergate Manhattan (375 Pearl Street), New York City — Urban retrofit project converting a former telecom building into a modern data-center facility.[20]
  • SDC Austin (Round Rock), Texas — Campus supporting high-density workloads and liquid cooling, up to 84 MW build-out.[21]

Finance

In 2020, Sabey issued approximately US\$800 million in securitized notes backed by tenant leases to raise capital for expansion.[22]

Sustainability

Sabey emphasises design for energy efficiency and modularity. A NYSERDA case study documents efficiency upgrades at the Intergate Manhattan site.[23] In October 2025, the company announced 70 MW of additional capacity across six U.S. campuses.[24]

Community and regional impact

In 2025, a proposed Sabey-affiliated data-center project near San Marcos, Texas, drew local scrutiny over water-supply and environmental impacts.[25]

See also

References

  1. ^ a b "About". Sabey Corporation. Retrieved 21 October 2025.
  2. ^ "Data centers that do more". Sabey Corporation. Retrieved 21 October 2025.
  3. ^ "Sabey Acquires Huge Verizon Building in NYC". Data Center Knowledge. 8 June 2011. Retrieved 21 October 2025.
  4. ^ "Lipstick on a Bunker: 375 Pearl Bought by Seattle Data Centrists". The New York Observer. 8 June 2011. Retrieved 21 October 2025.
  5. ^ "Sabey Opens High Rise Manhattan Data Tower". Data Center Knowledge. 21 March 2013. Retrieved 21 October 2025.
  6. ^ Moss, Sebastian (1 May 2020). "Sabey Data Centers issues \$800 million in securitized notes". Data Center Dynamics. Retrieved 21 October 2025.
  7. ^ "Sabey Data Centers Lines up \$800 Million to Fund Growth". Data Center Frontier. 30 April 2020. Retrieved 21 October 2025.
  8. ^ "Sabey Data Centers Announces New President" (Press release). Business Wire. 16 January 2025. Retrieved 21 October 2025.
  9. ^ "National Data Center Fund". National Real Estate Advisors. Retrieved 21 October 2025.
  10. ^ "National and Sabey Data Center Properties announce new data center campus in Umatilla, Oregon". National Real Estate Advisors. 18 September 2023. Retrieved 21 October 2025.
  11. ^ "History & values". Sabey Data Centers. Retrieved 21 October 2025.
  12. ^ "Intergate Manhattan case study" (PDF). NYSERDA. 2017. Retrieved 21 October 2025.
  13. ^ "Sabey to bring additional capacity online at two Washington campuses". Data Center Dynamics. 24 April 2025. Retrieved 21 October 2025.
  14. ^ "Sabey breaks ground on third building at Ashburn, Virginia, campus". Data Center Dynamics. 26 June 2025. Retrieved 21 October 2025.
  15. ^ "Sabey expands in Ashburn with first three story data center". Converge! Network Digest. 26 June 2025. Retrieved 21 October 2025.
  16. ^ "Sabey Opens High Rise Manhattan Data Tower". Data Center Knowledge. 21 March 2013. Retrieved 21 October 2025.
  17. ^ "Sabey Data Centers completes construction at Austin, Texas data center site". Sabey Data Centers. 17 October 2024. Retrieved 21 October 2025.
  18. ^ "Sabey starts work on second data center at Texas campus in Austin". Data Center Dynamics. 30 July 2025. Retrieved 21 October 2025.
  19. ^ "National and Sabey Data Center Properties announce new data center campus in Umatilla, Oregon". National Real Estate Advisors. 18 September 2023. Retrieved 21 October 2025.
  20. ^ "Sabey Acquires Huge Verizon Building in NYC". Data Center Knowledge. 8 June 2011. Retrieved 21 October 2025.
  21. ^ "TACC Selects Sabey Data Centers in Round Rock as Colocation Partner for New Supercomputer". Business Wire. 26 August 2024. Retrieved 21 October 2025.
  22. ^ Moss, Sebastian (1 May 2020). "Sabey Data Centers issues \$800 million in securitized notes". Data Center Dynamics. Retrieved 21 October 2025.
  23. ^ "Intergate Manhattan case study" (PDF). New York State Energy Research & Development Authority. 2017. Retrieved 21 October 2025.
  24. ^ "Sabey offering more capacity and power at six U.S. data centers". Data Center Dynamics. 17 October 2025. Retrieved 21 October 2025.
  25. ^ "Plans call for third data center in growing Hill Country cluster". San Antonio Express-News. 2 June 2025. Retrieved 21 October 2025.
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