$30 Million: Digital Realty Acquires Data Center

(Ping! Zine Web Hosting Magazine) – Getting a data center fully leased may not be the quickest or easiest task for a facility operator. However, there is one quick way to accomplish the task: simply acquire one.

Data center solutions provider Digital Realty Trust recently did just that, paying $30 million for a fully-leased facility in Sacramento, California. The move was announced today.

Commenting on the matter in a company press release, Digital Realty Chief Acquisitions Officer Scott Peterson stated, “This acquisition adds a newly renovated, high quality, and fully leased operating asset to our portfolio at an attractive going in cap rate.”

“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,” he continued.

The facility itself is 69 thousand square feet and previously belonged to Telecom Real Estate Services. For more information on the matter, please visit: http://investor.digitalrealtytrust.com/phoenix.zhtml?c=182279&p=irol-newsArticle&ID=1614400&highlight=