Digital Realty Buys London Property

• By theWHIR.com , January 07, 2008

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January 7, 2008 -- (WEB HOST INDUSTRY REVIEW) -- Data center operator Digital Realty Trust (digitalrealtytrust.com) announced on Monday it has acquired Foxboro Business Park, a three building complex located in suburban London. 

The first building, Unit 1, spans over 20,000 square feet in space and is 100 percent leased to an international geophysical company as its corporate data center facility. Unit 2 is a 31,000 square foot warehouse that is 100 percent leased to a home appliances manufacturer and marketer. Unit 3 offers over 96,000 square feet of vacant space, in which Digital Realty Trust plans on building in phases approximately 58,000 square feet of turn-key data center space.

"We are continuing to focus on adding both income producing assets as well as buildings suitable for redevelopment to meet the ongoing demand for turn-key data centers in the supply-constrained London market," says Michael F. Foust, CEO of Digital Realty Trust. "This property meets both criteria, bringing an ideal combination of stability and longer term growth to our expanding European portfolio."

The company says its turn-key data centers are scalable from hundreds of kilowatts of IT load to megawatts of IT load and are located in markets throughout North America and Europe. Each Digital Realty Trust turn-key facility is physically secure and provides a power and cooling architecture that has been optimized for green operation.

DRT announced last month it acquired two properties in Europe.

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