Digital Realty Acquires Fully Leased Operating Data Center in Austin, TX
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.