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(WEB HOST INDUSTRY REVIEW) -- Data center operator Digital Realty Trust (www.digitalrealtytrust.com) announced on Wednesday it has acquired two fully leased data center facilities, 1350 Duane Avenue, and 3080 Raymond Street, in Santa Clara, California for a total of $90.5 million.
Although Digital Realty did not disclose the name of the seller, previously published reports show that the two properties, which are located beside one another, originally belonged to Inland Western Retail Real Estate Trust.
The data center real estate firm purchased these buildings about four years ago.
"This acquisition illustrates the continued execution of our strategy to grow FFO by investing in income producing facilities at attractive risk-adjusted returns," says Scott Peterson, senior vice president of acquisitions for Digital Realty Trust. "The buildings are strategically located near our existing Santa Clara facilities and should benefit from our operational efficiencies. They are situated on a 5.56 acre site across from a Silicon Valley Power substation with 17.2 MVA of current power capacity expandable to 22.5 MVA."
The larger building, 1350 Duane Avenue, consists of 160,000 square feet of improved data center space. The entire building is leased on a triple net basis to a major telecommunications firm, who in 2004, subleased the building to a colocation and IT services provider.
The second property, 3080 Raymond Avenue, spans 25,000 square feet. The facility is leased on a triple net basis to a local provider of Internet services and applications to business throughout California.
Digital Realty Trust turn-key data centers support mission critical infrastructure, with advanced cooling, power, redundancy, and sustainability features to ensure that critical applications are available while optimizing energy efficiency.
The facilities 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 data center is physically secure and features a state-of-the-art power and cooling architecture that has been optimized for green operation.
Each data center is built using the company's proprietary POD Architecture and uses metered power to ensure that clients pay only for the power that they use.
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Read Back Issues of WHIR Magazine
October 2009 - Web Hosting's All Star Team
This has been, for us, one of the most interesting, exciting and challenging build-ups to an issue of the magazine yet, Web Hosting's All Star Team. The balloting process was our first experiment with a kind of user participation we're planning to do a lot more with in the months to come. We had thousands of ballots submitted, with hundreds of write-in suggestions and a demonstration of user engagement that has us feeling super positive about the project.
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July 2009 - What am I Worth?
One of the interesting luxuries of working on a project like the printed WHIR magazine is that it allows us to play with things like our point of view from one issue to the next. In recent months we've been giving added attention to the kind of practical and applicable advice aimed at smaller hosts and resellers. This issue carries on with that point of view, asking, in our cover story, "what am I worth?" It's a complicated question without a clear-cut answer.
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May 2009 - The Blueprint for a Small Web Host
I was a little surprised by how difficult it became to see this idea through. We set out to assemble a blueprint for a small hosting business, but butted up pretty quickly against the general impossibility of covering all the territory that was out there to be covered. The basic constraints of a printed magazine, and the less-than-infinite amount of time we had available forced us to face the fact that we could never produce an exhaustive guide to starting a hosting company.
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