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Cogent sells 10 US data centers to global infrastructure investor

I Squared Capital launches $1 billion US data center operating platform
This Burbank, California, data center property is one of 10 data centers in the United States that Cogent sold to I Squared Capital. (CoStar)
This Burbank, California, data center property is one of 10 data centers in the United States that Cogent sold to I Squared Capital. (CoStar)

A newly formed entity tied to Miami-based I Squared Capital has acquired 10 data centers throughout the United States in a $225 million deal that will form the initial assets in what is expected to be a $1 billion investment.

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