Ares Management Corporation has made two US data centre investments via its digital infrastructure and real estate strategies.
The digital infrastructure arm has secured a 314-acre development site in Spotsylvania County, situated along Northern Virginia’s I-95 South corridor.
In a separate transaction, an Ares real estate fund acquired two 2025-vintage hyperscale data centres located in Leesburg, Virginia, totaling 745,000sqft.
The data centre development will be delivered and operated by Ares-owned data centre platform Ada Infrastructure.
Michael Steele, head of Ares digital infrastructure, said: “Our site acquisition in Spotsylvania County advances the global positioning of Ada Infrastructure through a project in a supply-constrained tier 1 market that continues to see accelerating demand from hyperscale customers.
“These acquisitions leverage our differentiated platform capabilities as we aim to deliver near-term capacity to our customers, value to local communities and opportunities to our investors.”
David Roth, global head of real estate strategy and growth, Ares, said: “The acquisition of two stabilised data centres underscores Ares’ high conviction in New Economy real assets and Ares Real Estate’s ability to deploy flexible capital at scale.
“Northern Virginia represents an attractive, rapidly growing and critical data centre market, and these assets, in combination with their investment-grade tenant and triple-net-lease structure, provide predictable cash flows, portfolio diversification and strong upside potential. We look forward to supporting the long-term value creation opportunity of these investments.”
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