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Digital Realty Trust Expands Footprint in Northern Virginia With Acquisition of Land Parcels

Posted on: Monday, 18 May 2009, 07:00 CDT

Acquisition of 34.2 acres capable of supporting over 400,000 square feet of new development

SAN FRANCISCO, May 18 /PRNewswire-FirstCall/ -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, announced today that it has acquired four contiguous parcels of land, one of which includes an important utility substation, totaling 34.2 acres located adjacent to its existing datacenter facilities in Ashburn, Virginia. The new parcels increase the potential capacity of the campus by more than 400,000 square feet.

"The addition of the property contiguous to our existing facilities in Ashburn allows us to create a datacenter campus environment that will deliver significant operating economies of scale and sufficient new inventory to meet the ongoing demand in this top tier market," commented Michael F. Foust, Chief Executive Officer of Digital Realty Trust. "We currently are tracking a significant number of datacenter requirements in the market and are on schedule to complete the construction of the next phase, a 135,000 square foot facility, in the fourth quarter of 2009."

The new 135,000 square foot datacenter facility is being constructed to Digital Realty Trust's design specifications and will ultimately support four 2250 kW Turn-Key Datacenter(SM) pods totaling 68,000 square feet of raised floor and approximately 7,500 square feet of office space.

About Digital Realty Trust, Inc.

Digital Realty Trust owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(SM) and Powered Base Building(SM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 75 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 13.0 million square feet as of April 30, 2009, including 1.2 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 27 markets throughout Europe and North America. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.

Forward-Looking Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the Company's development plans for the property. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the United States Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2008 and the Company's quarterly reports on Form 10-Q for the quarter ended March 31, 2009. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For Additional Information: A. William Stein Chief Financial Officer and Chief Investment Officer Digital Realty Trust, Inc. +1 415-738-6500 Pamela A. Matthews Investor/Analyst Information Digital Realty Trust, Inc. +1 415-738-6500 Chris Crosby Sales & Technical Services Digital Realty Trust, Inc. +1 214-231-1350

SOURCE Digital Realty Trust, Inc.

Source: PR Newswire

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