Digital Realty to Build Custom Data Center For NetApp
Digital Realty Trust, Inc. has signed a long-term, Build-to-Suit agreement in the third quarter of 2011 with NetApp, Inc. (NASDAQ: NTAP) for a custom data center in Hillsboro, Oregon. NetApp is an industry leader in delivering innovative storage and data management solutions that help customers increase IT efficiency and flexibility to drive business success.
In conjunction with the Build-to-Suit agreement, Digital Realty acquired a 5.1 acre development site in the Hillsboro Enterprise Zone's North Industrial Area with utility power and telecommunications services already in place. The new 55,000 square foot Build-to-Suit facility to be constructed on the site will include 18,250 SF of technical space with 4.5 megawatts of IT power capacity for high-performance computing. Construction of the facility will occur in multiple phases, with the first phase scheduled for completion in August 2012.