PHOENIX, AZ (May 27, 2026) — Cogent Communications Holdings, Inc. has entered into a definitive agreement to sell 10 data center facilities across the United States for $225 million in cash to a newly formed entity sponsored by I Squared Capital.
The transaction includes a Phoenix facility, but Cogent’s Tucson data center location does not appear to be part of the announced sale.
Cogent’s May 26 press release lists the 10 facilities included in the transaction as being in Phoenix, Anaheim, Burbank, Stockton, Atlanta, Chicago, Elkridge, Kansas City, Nashville, and Houston. Tucson was not listed among the markets included in the sale. The transaction is expected to close on the later of June 12, 2026, or the expiration or termination of the applicable Hart-Scott-Rodino waiting period…