Digital Realty Trust, Inc. (DLR) has completed the acquisition of 8025 North Interstate 35, a 62,000-sq-ft data center facility located in Austin, TX. The property totals 62,237 rentable sq ft and is 100 percent leased on a long term, triple net basis to a leading provider of integrated disaster recovery, managed services, IT consulting, and business continuity management software solutions. The purchase price was $12.5 million.

The existing facility delivers approximately 4.5 MW of critical load over 30,000 raised sq ft with an N+1 power configuration. Included in the acquisition is 11.28 acres of land which is capable of supporting up to 135,000 sq ft of future data center development.

"This acquisition adds a high quality and fully leased operating asset to our portfolio," said Scott Peterson, chief acquisitions officer of Digital Realty. "The property is located near our 7500 Metro Center Drive facility, expanding our presence in the Austin market and contributing to our revenue stream with a long term, stabilized lease."