Real estate investment trust Digital Realty Trust, Inc. (DLR) Thursday revealed the acquisition of two properties located in two of the company's top markets namely Northern New Jersey and UK.
The first property, located at New Jersey, is a recently completed purpose-built datacenter shell, which contains 127,800 square feet and is capable of supporting nearly 70,000 square feet of raised floor. The company plans to market the facility to financial service companies, system integrators and other Fortune 1000 firms.
Digital Realty expects to contribute the property to its redevelopment inventory and make additional improvements to the building to meet its Powered Base Building specification.
The second property, located at Manchester, UK, is a 38,600 income producing facility, which contains nearly 23,000 square feet of raised floor with the potential for an additional 7,000 square feet of raised floor. The facility is fully leased to three tenants on long-term bases.
Shares of Digital Realty Trust closed Thursday's regular trading session at $39.16, down 95 cents or 2.37% on a volume of 1.23 million shares.
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