Digital Realty Acquires San Francisco Data Center

Data Center Knowledge (Jan 4 2012) Construction , Cloud Computing

1. Digital Realty Trust has acquired data center properties in San Francisco and Atlanta for $148 million as it continues its initiative to buy fully-leased income properties, which generate revenue through rent from existing tenants. Digital Realty (DLR) paid $85 million to acquire 360 Spear Street, a fully-leased 155,000 square foot data center facility located adjacent to its 365 Main Street facility in San Francisco. The release didn’t identify the tenants, but the facility serves as one of the primary data centers for cloud computing provider GoGrid, which took over space originally developed by WorldCom. The building also houses facilities for Verizon and AT&T. (Read Full Article)

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