Thursday, Digital Realty Trust Inc. (DLR) signed definitive purchase and sale agreements with unrelated third parties to acquire a three-property data center portfolio located in Massachusetts and Connecticut, also referred to as the New England Portfolio. The purchase price will be approximately $375.0 million and will initially be funded with borrowings under the company's revolving credit facility.
The portfolio comprises a total of approximately 550,290 square feet and consists of 55 Middlesex Turnpike located in Bedford, Massachusetts; a 100% condominium interest that represents 87.5% of the square footage of 128 First Avenue located in Needham, Massachusetts; and 60-80 Merritt Boulevard located in Trumbull, Connecticut. The facilities have been renovated to modern data center standards in the last four years.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.