Real Estate
Infomart Data Centers’ iconic Dallas building, known as “the Informart”, has been sold to colocation giant Equinix in an $800 million deal. This leaves Infomart with three US facilities and adds a key interconnection hub to Equinix’ portfolio. Equinix already had four data centers in the building, which it is buying from from Infomart’s owner ASB Real Estate Investments, for $800 million in debt and cash - somewhat short of the $1 billion which ASB was looking for, according to Wall Street Journal reports in December. The deal is expected to close in mid-2018.

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