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KDC and Digital Realty Trust Form Alliance to Provide Single Source for Custom Build-to-Suit Data Centers

January 21, 2010 by  

Web Hosting ToolboxDALLAS – KDC, one of America’s leading commercial real estate development and investment firms, and Digital Realty Trust, Inc. (NYSE: DLR), the world’s largest wholesale data center provider, have formed an alliance that creates the first single source for every aspect of build-to-suit enterprise data center projects. Through this alliance, enterprise customers can utilize KDC and Digital Realty Trust’s financial and technical resources and unmatched experience to pursue custom built data center projects of any scope and in any location worldwide.

“This alliance is a natural complement for both companies. Digital Realty Trust is the world’s leading wholesale data center provider and KDC sets the standard in the customized build-to-suit corporate facilities marketplace,” said KDC CEO Steve Van Amburgh. “This relationship will provide build-to-suit data center customers with a single source solution that delivers global resources and unmatched experience in custom development projects. At a time when most companies are having difficulty obtaining financing for major construction projects, our alliance provides a simple, best-in-class process for the leasing of custom data center facilities.”


KDC senior vice president and data center development expert, Ab Atkins, will oversee KDC’s role in the new alliance.

“The timing is ideal for the emergence of a national developer that can finance and develop build-to-suit data centers that will fit the location and technical needs of the end user,” said Atkins. “The alliance between KDC and Digital Realty Trust is the perfect platform to meet this market need head on.”

“For the first time, customers have a one-stop shop for their build-to-suit data center projects. KDC and Digital Realty Trust together form the single provider for custom build-to-suit data centers for enterprise customers without financing contingency risk,” said Chris Crosby, senior vice president, corporate development at Digital Realty Trust.

Crosby added, “KDC is the leader in corporate build-to-suit projects, having developed more than 110 facilities over the past decade. The firm has a tremendous track record in completing custom development projects on time and on budget. KDC’s expertise is a perfect complement to Digital Realty Trust because we are the ultimate landlord for built-to-suit data centers. Customers can leverage our experience and expertise during the design process as well as take advantage of access to our global purchasing arrangements for data center components. Additionally, we are able to provide a lease for the custom data center (including the mechanical and electrical plant) without financial contingency, offering a simple financial model that saves customers significant capital.”

KDC and Digital Realty Trust are currently evaluating sites in various locations for potential build-to-suit projects.

About KDC
KDC, one of America’s leading commercial real estate and investment companies, provides a full range of commercial real estate services including corporate build-to-suit development, acquisitions, corporate facility project/construction management, project financing, asset and land management, and marketing and leasing. KDC is headquartered in Dallas and has offices in Atlanta; Charlotte, N.C.; and Detroit. For more information visit www.kdc.com.

About Digital Realty Trust, Inc.

Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter® and Powered Base Building® datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty Trust’s 81 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 14.4 million rentable square feet as of January 4, 2010, including 1.9 million square feet of space held for redevelopment, Digital Realty Trust’s portfolio is located in 27 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust’s website at www.digitalrealtytrust.com.

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