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Equinix Buys Data Center in DC Area. 2005-10-07, HostMan.biz Data center operator Equinix (equinix.com) announced on Thursday that it had reached an agreement to acquire its data center campus in Ashburn, Virginia for $53 million and will close the sale-leaseback of its recently acquired El Segundo, California data center within 30 days. The Ashburn campus is home to Equinix's flagship Internet Business Exchange center. Equinix currently occupies three of the six buildings on the campus, including two IBX facilites. A third building is available for expansion. Equinix says it plans to sell buildings that are not used for expansion. Equinix purchased the El Segundo facility in September for $34.5 million. The company is in negotiation to close the sale-leaseback, valued at between $36 million and $40 million. "With the announced sale of the Ashburn campus, we saw an opportunity to secure our flagship IBX center as well as to acquire contiguous expansion space to position ourselves for further growth in one of our strongest markets," says Peter Van Camp, CEO of Equinix. "Given the tremendous interest we have received in the planned sale-leaseback of our recently acquired Los Angeles area center, we are confident there is a great opportunity to obtain attractive long-term financing for this strategic Washington, DC area property as well."

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