Infomart Data Centers has named Brian Cox, former chief operating officer of Cologix, its chief executive.
The company said it was preparing for a “strategic brand relaunch” early next year and that it hired Cox to head a group of recent executive hires that will drive the company in its next chapter.
Taking advantage of a favorable market for sellers, Infomart’s former owners, ASB Real Estate Investments, earlier this year sold what was the crown jewel in the company’s data center portfolio, the Infomart Dallas carrier hotel, to Equinix. ASB later sold what remained of Infomart to IPI Data Center Partners Management.
Infomart today has data centers in three strategically important markets: San Jose, California; Hillsboro, Oregon; and Ashburn, Virginia. Its anchor tenant in Hillsboro is LinkedIn.
Now, IPI is putting in motion a new plan to grow the company.
“We believe the platform is well positioned for near-term growth,” Matt A’Hearn, managing director of IPI Partners, said in a statement.
Cox is a seasoned executive. Before joining Infomart, he served for seven years as CFO of Cologix, followed by one year as the data center provider’s COO. He watched Cologix go from one data center to 25, according to the Infomart announcement. He was CFO of Tempo Financial for two years before he joined Cologix.
Cox is replacing Phil Koen, who served as Infomart’s interim chief since June. Koen will remain on the company’s board of directors.
IPI is sponsored by real estate fund manager Iron Point Partners and Iconiq Capital, a wealth management company that serves some of the richest clients in Silicon Valley, including Facebook founder and CEO Mark Zuckerberg and LinkedIn co-founder and Chairman Reid Hoffman. IPI also owns an equity stake in the wholesale data center developer T5 Data Centers.