Lakeside Technology Center Offers State-of-the-Art Facilities for Mission
Critical Datacenters
SAN FRANCISCO, Jan. 17 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE: DLR), the leading owner and manager of corporate data centers and
Internet gateways, today announced that Steadfast Networks
(www.steadfastnetworks.com), a provider of shared web hosting, dedicated
servers, colocation and Internet transit service, has signed an agreement to
build a new datacenter in Digital Realty Trust's Lakeside Technology Center in
Chicago. This new datacenter will support Steadfast Networks' continued
growth, allowing the company to maintain a high level of service as its
customer base and hardware inventory expand. The datacenter will become
operational in January 2006.
"Steadfast Networks chose our facility because it meets all of its
technical and financial needs. Steadfast's key objectives for this project
are to continue ensuring great service to clients while supporting expansion
of its business -- and this new datacenter will accomplish both of those
goals," said Michael F. Foust, Chief Executive Officer of Digital Realty
Trust. "Lakeside Technology Center is one of the premier datacenter and
telecommunications facilities in the world, and it is the clear choice for
companies in the Midwestern U.S. that require technology real estate to
support their business."
Digital Realty Trust's Chicago facility features over 1 million square
feet of rentable space, offers a carrier-neutral environment that provides
corporate customers a wide range of telecommunications options, and is located
in the South Loop -- an ideal location for companies with operational needs in
Chicago. Digital Realty Trust's Turn-Key Datacenter Facilities are move-in
ready, physically secure facilities with the power and cooling capabilities to
support critical enterprise applications. Digital Realty Trust offers
scalability from a hundred square feet to thousands of square feet in
state-of-the-art facilities with true carrier and managed service provider
neutrality. Digital Realty Trust's facilities are fully managed by its
world-class operations and engineering teams to support 24/7 mission-critical
applications.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, repositions and manages
technology-related real estate. The Company's 44 properties contain
applications and operations critical to the day-to-day operations of
technology industry tenants and corporate enterprise data center tenants.
Comprising approximately 8.0 million net rentable square feet, excluding space
held for redevelopment, Digital Realty Trust's property portfolio is located
throughout the United States and in Western Europe. For additional
information, please visit the company's website at www.digitalrealtytrust.com.
This press release contains forward-looking statements based on current
expectations, forecasts and assumptions, including current expectations,
forecasts and assumptions related to our market position. These current
expectations, forecasts and assumptions involve risks and uncertainties that
could cause actual outcomes and results to differ materially. These risks and
uncertainties include adverse economic or real estate developments in our
markets or the technology industry; general economic conditions; defaults on
or non-renewal of leases by tenants; increased interest rates and operating
costs; failure to obtain necessary outside financing; decreased rental rates
or increased vacancy rates; difficulties in identifying properties to acquire
and completing acquisitions; failure to successfully operate acquired
properties and operations; our relatively limited operating history in Europe;
failure of acquired properties to perform as expected; failure to deliver
secure facilities or the power required by our tenants; failure to maintain
the Company's status as a REIT; environmental uncertainties and risks related
to natural disasters; financial market fluctuations; changes in foreign
currency exchange rates; and changes in real estate and zoning laws and
increases in real property tax rates. For a further list and description of
such risks and uncertainties, see the reports and other filings by the Company
with the Securities and Exchange Commission. 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:
Media Contact:
Rich Miller
415-462-5633
rmiller@digitalrealtytrust.com
Business Contact:
Chris Crosby
214-231-2491
ccrosby@digitalrealtytrust.com
Investor/Analyst Contact:
Bill Stein
415-738-6500
SOURCE Digital Realty Trust, Inc.
01/17/2006
Web site: http://www.digitalrealtytrust.com
http://www.steadfastnetworks.com
(DLR)
01/17/2006 07:00 EST http://www.prnewswire.com
