Digital Realty Trust Inks 241,000 SF of Leases

SAN FRANCISCO-Digital Realty Trust signed tenants to more than 241,000 square feet of leases in the first quarter, including more than 171,000 square feet of data center space leased at $141 per square foot per year and over 69,000 square feet at $25 per year. The leases represent what the San Francisco-based REIT termed “strong first-quarter 2010 leasing results” in an announcement.

The 171,000 square feet of data center space is turn-key space that the company’s CEO, Michael F. Foust, described as “the strongest first quarter on record for turn-key data center leases” for the company. To keep up with this level of demand for our turn-key space, we have accelerated plans to bring on additional space in select markets, such as Northern Virginia, where we are fully leased,” Foust said.

Digital Realty’s turn-key facilities provide environments for supporting mission critical infrastructure, with advanced cooling, power, redundancy, and sustainability features “to ensure that critical applications are available while optimizing energy efficiency,” the company says. Digital Realty Trust’s 84 properties comprise approximately 14.9 million square feet as of Feb. 25, including 1.8 million square feet of space held for redevelopment.