Menlo Equities, a Menlo Park, Calif.–based investor, has snapped up four data centers in California’s tech hub, Silicon Valley.
According to The Mercury News, Menlo Equities paid a combined $108.8 million for the facilities, two of which are located in Santa Clara, one in Sunnyvale and the other in San Jose.
A U.S.-based pension fund was involved in the sale.
IREI understands the acquisitions were part of a larger deal involving the acquisition of nine data centers in three major regions of the United States.
