Digital Realty Trust's Downtown L.A. Turn-Key Datacenter Facility Unaffected
by Local Power Outages and Service Issues; Special Program Supports Companies
Needing to Move Mission Critical Systems to a More Advanced Facility
SAN FRANCISCO, July 18 /PRNewswire-FirstCall/ -- Digital Realty Trust,
Inc. (NYSE: DLR), the leading owner and manager of corporate data centers and
Internet gateways, has initiated a special program to support organizations
requiring mission critical infrastructure in the Los Angeles area. Digital
Realty Trust is offering three free months and an expedited tenancy process to
companies seeking move-in ready Turn-Key Datacenter Space or Meet Me Room
space in Digital Realty Trust's 600 West 7th Street facility, which has been
unaffected by the power outages that have recently occurred in other
facilities in the city.
There is currently over 10,000 square feet of Turn-Key Datacenter Space
available for immediate occupancy in 600 West 7th Street. The Meet Me Room in
600 West 7th Street also has space available for immediate occupancy and
currently houses network infrastructure for more than 40 carriers with
extensive connectivity throughout the Los Angeles metro area. Digital Realty
Trust Meet Me Rooms and Turn-Key Datacenters also offer the added benefit of
no cross-connection fees.
"This program is designed to support the needs of companies that have
mission critical infrastructure affected by these outages and that are looking
for a way to rapidly get up-and-running in a more advanced facility like
600 West 7th Street," said Chris Crosby, Senior Vice President of Digital
Realty Trust. "600 West 7th Street was purpose-built to support
mission-critical computing and network infrastructure, and that sets the
facility apart from so many of the others in the area. To further support
companies needing to make a rapid transition to a new facility, our
highly-experienced operations team has established a process to fully support
companies that need to move quickly to ensure the integrity of their computing
systems."
Customers who complete the contract process by August 31, 2006 will
receive the first three months of tenancy with base rent abated, and the
offer is valid to all new customers who sign new leases for Turn-Key
Datacenter space in 600 West 7th Street by that date.*
Located in the central business district of downtown Los Angeles, 600 West
7th Street is one of the premier technology facilities in the Western United
States, offering state-of-the-art datacenter and telecommunications real
estate for mission critical computing and network infrastructure. The
450,000 square foot facility features robust electrical systems, HVAC
infrastructure and telecom network access as well as advanced physical
security and next-generation building automation systems. 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, offering scalability from one hundred square feet to
over one hundred thousand square feet. Digital Realty Trust's facilities in
North America and Europe feature true carrier and managed service provider
neutrality and metered power, and the facilities are also fully managed by its
world-class operations and engineering teams to support 24/7 mission-critical
applications.
Digital Realty Trust has also recently announced that it will create an
additional 8,700 square feet of raised-floor space out of space with over
700 KW in a 2N UPS configuration previously held for redevelopment in the
building, targeted for completion in the fourth quarter of this year.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, repositions and manages
technology-related real estate. The Company's 49 properties contain
applications and operations critical to the day-to-day operations of
technology industry tenants and corporate enterprise data center tenants.
Comprising approximately 10.0 million rentable square feet, including
1.2 million square feet of space held for redevelopment, Digital Realty
Trust's property portfolio is located throughout the United States and Europe
with one property in Canada. 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 and the expected
completion date of our redevelopment projects. 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.
*Note: Offer subject to change and availability at any time, as well as
subject to other terms and conditions.
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:
Pamela Matthews
415-738-6532
pmatthews@digitalrealtytrust.com
SOURCE Digital Realty Trust, Inc.
07/18/2006
CONTACT: Media, Rich Miller, +1-415-462-5633,
rmiller@digitalrealtytrust.com, or Business, Chris Crosby, +1-214-231-2491,
ccrosby@digitalrealtytrust.com, or Investors/Analysts, Pamela Matthews,
+1-415-738-6532, pmatthews@digitalrealtytrust.com, all of Digital Realty
Trust, Inc.
Web site: http://www.digitalrealtytrust.com
(DLR)
07/18/2006 16:27 EDT http://www.prnewswire.com
