Top

Digital Realty Completes Sacramento Data Center Acquisition

October 7, 2011 by  

Web HostingSAN FRANCISCO, CA – Digital Realty Trust, Inc. (NYSE: DLR), a global provider of data center solutions, has completed the acquisition of 11085 Sun Center Drive, a 69,000 square foot data center facility located in Rancho Cordova, a suburb of Sacramento, California. The property is 100% leased on a long term, triple net basis to a leading business continuity and network services provider. The purchase price was $30 million.

The property delivers 2,740 kilowatts of critical load and was renovated in 2009 and 2010 by the seller, TRES (Telecom Real Estate Services). Improvements to the facility included a new roof, new UPS modules, an updated HVAC system, as well as new fuel, building management, security and fire-suppression systems.


“This acquisition adds a newly renovated, high quality, and fully leased operating asset to our portfolio at an attractive going in cap rate,” said Scott Peterson, Chief Acquisitions Officer for Digital Realty. “The property is located near our 3065 Gold Camp data center facility, expanding our presence in the Sacramento market and contributing to our revenue stream with a long term, stabilized lease.”

About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer’s unique data center needs. Digital Realty’s customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty’s 98 properties, excluding two properties held as investments in unconsolidated joint ventures, comprise approximately 17.3 million square feet as of October 6, 2011, including 2.2 million square feet of space held for redevelopment. Digital Realty’s portfolio is located in 30 markets throughout Europe, North America, Singapore and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty’s website at www.digitalrealty.com.

Receive alerts when your website goes offline. Sign-up for free site monitoring at UptimeSpy.com.

Be Sociable, Share!

Comments

Comments are closed.

Bottom