National Real Estate Advisors, LLC Closes $60M Capital Investment
Washington, D.C. (January 25, 2021) – National Real Estate Advisors, LLC (National) announces the closing of $60 million for its data center investment. The investment further expands upon established fundraising efforts, bringing National’s total funds raised to $380 million over the last 12 months.
"This transaction reinforces the market demand for digital capacity and signifies a strong start to 2022," said Jeffrey Kanne, President and CEO of National. "We look forward to putting this capital to work and underscoring our commitment to the data center market and its continued growth.”
The investment further supports the growth and expansion of the Sabey Data Center Properties, LLC (SDCP) platform. SDCP is one of the largest and greenest privately held data center owner/developer/operators in the United States, as well as the sole data center ABS master trust entity with an S&P A+ credit rating.
For more information about National's investment strategy, visit www.natadvisors.com.
ABOUT NATIONAL REAL ESTATE ADVISORS, LLC
National Real Estate Advisors, LLC is an investment manager specializing in a build-to-core strategy, developing and managing large-scale, urban commercial and multifamily projects for its institutional client accounts. National constructs investment portfolios of modern property assets—apartment, office, mixed use, industrial (including data centers), and hotel—with design features, technological enhancements, and amenities that drive high tenant demand and can create value for investors. National is an independently operated subsidiary of the National Electrical Benefit Fund (“NEBF”), a substantial pension trust with a significant amount of assets that are managed by National on a discretionary basis. For more information, please visit www.natadvisors.com.
ABOUT SABEY DATA CENTER PROPERTIES
Sabey Corporation is a fifty-year old privately held Seattle-based real estate development company specializing in mission critical and other technical space and the parent of Sabey Data Center Properties. With a portfolio of more than three million square feet of mission critical space, SDCP is one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States. SDCP specializes in scalable, custom-built solutions including data center ready shell space and fully turnkey data centers managed by SDCP’s award-winning critical environment staff. Consistently recognized for low-cost hydroelectric power, operational excellence through its world-class data centers and sustained uptime, SDCP is proud to provide data center services to many of the world’s top financial, technology and healthcare companies.