A portfolio of approximately 919,000 square foot of data center space worth $725 million has been purchased by Digital Realty Trust. The properties were brought from Rockwood Capital and 365 Main. The deal is expected to close early next month. The financial advisors for the deal are Credit Suisse Securities and Citi.
A former Alcatel campus near Dallas, Texas will be transformed into a massive data center for Digital Realty Trust. The company acquired three data centers this month in Santa Clara. The construction and operation of the upcoming data center will bring 172 jobs this year and over 1,200 jobs through 2015.
Digital Realty Trust has begun work to expand its St. Louis data center. An increased level of demand has prompted the company to make the decision. An expansion of an 18-story building with over 200,000 square feet of space is expected to be completed by the third quarter.
Microsoft has publicly outlined its vision for container-powered cloud services with CEO Steve Ballmer giving the technology his blessing, saying that “when it comes to cloud technology, we are all in.” Poker analogies aside, Microsoft’s plan to change the technology its data centers are built on is both impressive and forward-thinking.
In an annual study conducted by Digital Realty Trust regarding US data centers, 83 percent of respondents stated they had plans to expand its data centers in a year or two. 36 percent said they will expand this year, and 73 percent will add at least two more facilities.
Two fully leased data center facilities has been acquired by Digital Realty Trust. Both are located in Santa Clara, California (1350 Duane Avenue and 3030 Raymond Street). The total cost for both acquisitions is $90.5 million. The two buildings were previously purchased four years ago by Inland Western Retail Real Estate Trust.
Two California-based data centers have been acquired by a wholesale data center operator Digial Realty Trust. The company paid $44.3 million for both DCs located at 444 Toyama Drive facility in Sunnyvale and 1525 Comstock Street in Santa Clara. The size of each data center is approximately 42,000 square feet.
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