Digital Realty Acquires Data Center Development Property In Ontario, Canada
The property is north of Toronto’s central business district.
Digital Realty Trust, Inc. has announced that it has completed the acquisition of 371 Gough Road in Markham, Ontario (Canada), a 120,000-sq-ft data center development property that is located approximately 17 miles north of Toronto's central business district; construction on the facility is subject to demand. The purchase price was C$8.65 million.
"We have been tracking a significant amount of demand for enterprise-quality data center space with very limited supply in the Toronto market," said Michal F. Foust, chief executive officer of Digital Realty. "The acquisition of this property expands our existing footprint and enables us to support our customers' data center requirements in the Toronto market."