Sabey Corporation

Name

Sabey Corporation

Legal name

Sabey Corporation

Website

https://sabey.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Data Center Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Rental and Leasing Services (532), Real Estate and Rental and Leasing (53)

SIC

Real Estate (6500), Lessors Of Real Property, Nec (6519), Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

akta.pro secondary industries

Data Center Tenant Representation (BPAJALAI), Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

Keywords

• Data center colocation
• Commercial real estate development
• Mission-critical infrastructure
• Multi-tenant data centers
• Build-to-suit construction

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Data Center Colocation: Sabey Data Centers generates revenue through multi-tenant data center colocation services. They offer powered shell space, turnkey capacity, and build-to-suit data center solutions. The company operates six data center campuses across the US with over 3.5 million square feet of mission-critical space.
2. Commercial Real Estate Leasing: Sabey Corporation leases commercial properties including office space, industrial/flex space, retail, medical/life sciences facilities, and residential properties. The portfolio includes properties across Seattle (Manhattan, Cherry Hill, Everett, Tukwila), with approximately 5.4 million square feet developed, owned and managed.
3. Build-to-Suit Development: Custom-built data center and commercial facilities for enterprise clients with specific requirements. The company leverages its vertically integrated construction capabilities to deliver purpose-built facilities.
4. Property Management Services: Sabey manages its own properties with staff focused on building strong, long-term relationships with tenants, providing high-quality responsive service.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Sabey Corporation is a real estate development and investment firm that operates multi-tenant data centers and commercial properties. Through Sabey Data Centers (SDC), it provides colocation, powered shell, and build-to-suit data center space across six U.S. campuses with 3.5+ million square feet and nearly 400 MW of critical capacity. Through its commercial real estate arm, it develops, owns, and manages office, industrial, medical/life sciences, and retail properties primarily in the Pacific Northwest.

Product overview

Sabey Corporation operates as a diversified real estate development and investment company with two primary divisions: Sabey Data Centers (SDC), one of the largest privately-owned multi-tenant data center operators in the world, and Sabey Corporation's commercial real estate portfolio. Sabey Data Centers manages over 3.5 million square feet of mission-critical space across six data center campuses (Manhattan, Seattle, Ashburn, Austin, Columbia, Quincy) with nearly 400 MW of critical capacity, offering carrier-neutral connectivity, enterprise colocation, build-to-suit data centers, and powered shell solutions. The commercial real estate division manages diverse properties including industrial/flex tech parks (Everett Technical Park, Intergate Tech Park, Riverfront Technical Park, SDC Seattle), medical/life sciences facilities (Cherry Hill Campus with James Tower, Jefferson Tower, Cherry Hill Medical Center), and office/retail properties (12500 Tukwila, 6th & Wall, 375 Pearl). Sabey provides vertically integrated services including architecture & design, construction, and property management as add-on offerings. The company is pioneering sustainable data center operations with a commitment to net-zero carbon emissions by 2029 and advanced nuclear energy partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Sabey Data Centers (SDC) Multi-Tenant Colocation One of the largest privately-owned multi-tenant data center operators and developers in the world, operating more than 3.5 million square feet of mission-critical data center space and nearly 400 MW of critical capacity under management across six campuses, serving hyperscale and enterprise tenants with carrier-neutral colocation.
• SDC Manhattan Data Center (375 Pearl Street) Manhattan's only purpose-built data center at 375 Pearl Street, offering 300,000 sq ft of contiguous space with 18 MW ramping to 40 MW power capacity, 100% uptime guarantee, and VRF HVAC and N+2 feeder capacity. Proximity to Wall Street makes it ideal for low-latency AI inference and financial services workloads.
• SDC Seattle Data Center Campus Flagship technology campus in Tukwila, WA south of Seattle offering industrial-scale manufacturing, flex-tech, R&D space, and data center hosting with high-power infrastructure, robust connectivity, carrier-neutral access to 19 carriers, and a secure campus environment.
• SDC Ashburn Data Center Campus 38-acre data center campus in Ashburn, Virginia, located in the heart of the nation's densest connectivity corridor (Data Center Alley), offering enterprise and hyperscale colocation with high reliability and connectivity options.
• SDC Austin Data Center Campus (Round Rock, Texas) Data center campus in Round Rock, Texas delivering up to 84 MW of critical power capacity across purpose-built facilities. Supports liquid cooling and high-density computing environments up to 200 kW per cabinet, ideal for AI training workloads. Home to the Texas Advanced Computing Center (TACC) Horizon supercomputer.
• SDC Columbia Data Center (East Wenatchee, WA) Data center in East Wenatchee, Washington with access to the lowest power rates in the country through sustainably sourced hydroelectricity, ideal for AI training workloads and serving enterprise and cloud providers.
• SDC Quincy Data Center Campus 530,000 square foot multi-tenant data center campus in Quincy, Washington across five purpose-built buildings with modular efficiency managed by an award-winning critical environment management team.
• Carrier-Neutral Connectivity Services Carrier-neutral connectivity offering tenants access to diverse fiber routes, multiple network providers (including AT&T, Verizon, Cogent, Level 3, XO, Zayo and others), and major cloud on-ramps without vendor lock-in. SDC Seattle connects to 19 carriers with proximity to major internet exchanges.
• Intergate.Exchange Private Communications Network Sabey's privately owned and managed communications network providing streamlined connectivity services and carrier access for data center tenants.
• Property Management Services Comprehensive property management services including tenant relations, vendor coordination, 24-hour on-call services, system repairs, physical inspections, lease administration, property accounting, risk assessment, and safety and security, provided for Sabey-owned and tenant properties.
• Architecture and Design Services In-house architecture services including programming, space planning, permit drawings, interior design, furniture selection, LEED certification administration, construction coordination, and rendering services for data center and commercial projects.
• Sabey Construction Services In-house construction services with 40+ years of experience offering site research, land acquisition, land reclamation, construction management, facilities planning, and redevelopment for data center and commercial projects.
• Intergate Tech Park 2-story, 83,414 sf building on a private 12-acre campus with 10-foot ceilings and 30x31 foot column spacing, designed for technology and flex-space tenants.
• Riverfront Technical Park 175,000 sf two-story office building in South Seattle with efficient design, large open floor plans, loading dock, and abundant parking for data-intensive businesses.
• Everett Technical Park 95,000 sf 3-building complex in the Everett industrial hub near Boeing facilities, offering office, call center, and education/training space with excellent transportation access.
• Cherry Hill Campus (Medical/Life Sciences) Medical and life sciences campus in Seattle's First Hill district totaling 150,000 sf across multiple buildings including James Tower, Jefferson Tower, Cherry Hill Medical Center, and CC Apartments, adjacent to Swedish Medical Center.
• 12500 Tukwila Office Building 11,727 sf of pristine office space in an Energy Star certified building in Tukwila, WA with high ceilings, natural light, panoramic views, secured parking, located 5 minutes from SeaTac Airport.
• 6th & Wall Retail Property Retail property occupying an entire city block in Seattle's South Lake Union area with dramatic atrium lobby, underground parking, high visibility, and flexible layout options.

Quantifiable outcome

• Scope 1 and Scope 2 emissions reduced by 25.2% since 2018 baseline
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature7 records

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

• TerraPowerflagshipStrategic or Co-development Partner · 1 January 2025Memorandum of Understanding signed to explore integrating next-generation Natrium nuclear reactors (sodium-cooled, flexible nuclear plants) for carbon-free energy at data centers. This pioneering partnership positions Sabey at the forefront of advanced nuclear energy adoption for digital infrastructure.
• Science Based Targets (SBT)coreStrategic or Co-development PartnerSabey aligns emissions reductions with science-based targets through partnership with SBTi, working to achieve net-zero carbon emissions across Scope 1 and Scope 2 by 2029.
• Seattle City LightcoreOthersSDC Seattle uses carbon-neutral hydropower sourced from Seattle City Light, supporting Sabey's commitment to carbon-free energy and low-impact operations.
• Seattle Science FoundationminorStrategic or Co-development PartnerHealthcare partnership founded by Dave Sabey that leverages technology to foster global collaboration between top medical professionals, enhancing and propagating sophisticated medical and surgical techniques.
• OptispanminorStrategic or Co-development PartnerHealthcare venture created with understanding that biodata can affect health and wellbeing before health issues arise. The Optispan team seeks to lengthen and enrich life with data-backed preventive care.
• CDP (Carbon Disclosure Project)minorOthersSabey engages with CDP annually for emissions reporting and sustainability disclosures as part of their transparent reporting practices.
• GRESBminorOthersSabey participates in GRESB assessments for real estate sustainability benchmarking and reporting.
• EcoVadisminorOthersSabey engages with EcoVadis for sustainability ratings and continuous improvement assessments.
• Texas Advanced Computing Center (TACC)coreTechnology or IntegrationTACC selected Sabey's Austin campus to house Horizon, the largest academic supercomputer dedicated to open-scientific research in NSF's portfolio. This represents a major customer win for SDC Austin's liquid cooling deployments.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• EdgeConneX: Privately-held (EQT-owned) data center operator specializing in hyperscale edge facilities across 60+ markets. Comparable niche-scale strategy to Sabey and overlapping customer base of cloud and content providers.
• DataBank: Privately-held multi-tenant colocation provider (DigitalBridge-owned) operating edge and regional facilities with enterprise and hyperscale focus. Similar scale bracket and customer overlap as Sabey Data Centers, particularly in secondary U.S. metros.
• Flexential: Privately-held colocation and managed services operator serving mid-market and enterprise across U.S. markets. Comparable in scale and customer mix to Sabey's regional campus strategy, including carrier-neutral facilities.
• QTS Realty Trust: Hyperscale and enterprise colocation platform now owned by Blackstone; operates gigawatt-scale campuses. Closest comparable to Sabey Data Centers in hyperscale lease economics and large build-to-suit deliveries.
• CyrusOne: Privately-held multi-tenant data center operator (KKR-owned since 2022) focused on hyperscale and enterprise colocation across the U.S., including high-density AI-ready capacity. Closely comparable business model to Sabey Data Centers post-transition to private ownership.
• Vantage Data Centers: DigitalBridge-backed hyperscale campus operator with significant U.S. and EMEA build-outs. Strongest direct competitor for Sabey's planned 250 MW Indianapolis campus and similar gigawatt-scale hyperscale leasing wins.

Emerging players

• Stream Data Centers: Real-estate-rooted privately-held developer-build-operator providing build-to-suit and multi-tenant colocation in select U.S. markets. Comparable vertically-integrated, real-estate-developer DNA to Sabey but at smaller scale.

Broad incumbents

• Equinix: Global IBX colocation leader with deep interconnection density and carrier-neutral positioning analogous to Sabey's design philosophy. Public-company scale and Fortune-500 customer base make it Sabey's most direct large-cap competitor in enterprise colocation.
• Iron Mountain Data Centers: Public company's data center division leveraging Iron Mountain's secure storage heritage to deliver colocation, especially to regulated and government tenants. Overlaps with Sabey's government/military vertical and Ashburn/NYC presence.
• Digital Realty Trust: Largest publicly traded data center REIT with global platform across colocation, interconnection, and hyperscale build-to-suit. Direct competitor to Sabey Data Centers for hyperscale and enterprise tenants; broader scale and capital access make it the primary incumbent benchmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sabey

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sabey Corporation