Digital Realty And Logicworks Enter Lease Agreement For Turn-Key Flex(SM) Space In New Jersey

  Digital Realty And Logicworks Enter Lease Agreement For Turn-Key Flex(SM)
                             Space In New Jersey

Cloud and SaaS Continue to Drive Data Center Demand

PR Newswire

SAN FRANCISCO, Nov. 26, 2012

SAN FRANCISCO, Nov. 26, 2012 /PRNewswire/ --Digital Realty Trust, Inc. (NYSE:
DLR), a leading global provider of data center solutions, announced today that
it signed a new Turn-Key Flex^SM lease with Logicworks, a leading provider of
cloud computing and managed hosting services headquartered in New York City.
The lease commenced in the third quarter and is for space at Digital Realty's
data center facility in Piscataway, New Jersey.

"Our clients count on us to deliver highly available and compliant public,
private, and hybrid cloud hosting solutions which means our datacenter
footprint needs to be of the highest possible standard," said Kenneth Ziegler,
Chief Executive Officer of Logicworks. "For our latest domestic expansion,
Digital Realty proved to have the best combination of top-tier wholesale space
and the business flexibility to work with our time-to-market and ongoing
consumption needs."

"The dramatic growth in SaaS and digital content is placing high demand on
cloud service providers like Logicworks," said Michael F. Foust, Chief
Executive Officer at Digital Realty. "We see the shift to cloud architectures
continuing to increase demand for flexible, world-class data center solutions
that can accommodate growing companies such as Logicworks. We are very
pleased to be partnering with them as their business continues to expand."

"Our clients often cite Logicworks' service offerings as part of their
solutions to end-customers, and having a strong datacenter partner like
Digital Realty is consistent with the level of quality they expect about the
foundation of our infrastructure," added Ziegler.

Digital Realty's Turn-Key Flex solution is a modular approach to delivering
secure, enterprise quality data center space to meet customers' just-in-time
requirements. Designed to provide maximum flexibility, reliability and
efficiency, each Turn-Key Flex facility comes fully commissioned with its own
dedicated electrical and mechanical infrastructure. Utilizing Digital
Realty's proprietary POD Architecture® and extensive supply chain, Digital
Realty's next generation Turn-Key Flex data center solution is designed for
the future and ready today.

About Logicworks

Logicworks provides cloud computing and managed hosting to some of the world's
most respected brands including Dow Jones, NBC, Lincoln Center, Orion Health,
and 1-800-Flowers.com. Logicworks specializes in Private, Public and Hybrid
Cloud Solutions for SaaS, Media, eCommerce, Mobile, Healthcare, and Financial
services companies. Logicworks also offers a full suite of Compliance
Solutions and Managed Database Services. Contact Logicworks at 866-FOR-LOGIC
or visit www.logicworks.net.

About Digital Realty

Digital Realty Trust, Inc. focuses on delivering customer driven data center
solutions by providing secure, reliable and cost effective facilities that
meet each customer's unique data center needs. Digital Realty's customers
include domestic and international companies across multiple industry
verticals ranging from information technology and Internet enterprises, to
manufacturing and financial services. Digital Realty's 110 properties,
excluding three properties held as investments in unconsolidated joint
ventures, comprise approximately 21.2 million square feet as of October 26,
2012, including 2.2 million square feet of space held for redevelopment.
Digital Realty's portfolio is located in 32 markets throughout Europe, North
America, Asia and Australia. Additional information about Digital Realty is
included in the Company Overview, which is available on the Investors page of
Digital Realty's website at http://www.digitalrealty.com.

Safe Harbor Statement

This press release contains forward-looking statements which are based on
Digital Realty Trust, Inc.'s 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 new lease
agreement with Logicworks and data center demand drivers. These risks and
uncertainties include, among others, the following: the impact of the recent
deterioration in global economic, credit and market conditions, including the
downgrade of the U.S. government's credit rating; current local economic
conditions in its geographic markets; decreases in information technology
spending, including as a result of economic slowdowns or recession; adverse
economic or real estate developments in its industry or the industry sectors
that it sells to (including risks relating to decreasing real estate
valuations and impairment charges); its dependence upon significant tenants;
bankruptcy or insolvency of a major tenant or a significant number of smaller
tenants; defaults on or non-renewal of leases by tenants; its failure to
obtain necessary debt and equity financing; increased interest rates and
operating costs; risks associated with using debt to fund its business
activities, including re-financing and interest rate risks, its failure to
repay debt when due, adverse changes in its credit ratings or its breach of
covenants or other terms contained in its loan facilities and agreements;
financial market fluctuations; changes in foreign currency exchange rates; its
inability to manage its growth effectively; difficulty acquiring or operating
properties in foreign jurisdictions; its failure to successfully integrate and
operate acquired or redeveloped properties or businesses; risks related to
joint venture investments, including as a result of its lack of control of
such investments; delays or unexpected costs in development or redevelopment
of properties; decreased rental rates or increased vacancy rates; increased
competition or available supply of data center space; its inability to
successfully develop and lease new properties and space held for
redevelopment; difficulties in identifying properties to acquire and
completing acquisitions; its inability to acquire off-market properties; its
inability to comply with the rules and regulations applicable to reporting
companies; its failure to maintain its status as a REIT; possible adverse
changes to tax laws; restrictions on its ability to engage in certain business
activities; environmental uncertainties and risks related to natural
disasters; losses in excess of its insurance coverage; changes in foreign laws
and regulations, including those related to taxation and real estate ownership
and operation; and changes in local, state and federal regulatory
requirements, including 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 Digital Realty Trust,
Inc. with the U.S. Securities and Exchange Commission, including Digital
Realty Trust, Inc.'s Annual Report on Form 10-K for the year ended December
31, 2011 and Quarterly Reports on Form 10-Q for the quarters ended March 31,
2012, June 30, 2012 and September 30, 2012. Digital Realty Trust, Inc.
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          Pamela M. Garibaldi
Chief Financial Officer and Vice President, Investor Relations and
Chief Investment Officer Corporate Marketing
Digital Realty Trust, Inc.  Digital Realty Trust, Inc.
+1 (415) 738-6500        +1 (415) 738-6500



SOURCE Digital Realty Trust, Inc.

Website: http://www.digitalrealty.com
 
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