Digital Realty Acquires An Operating Data Center In Dallas, Texas And A Future Development Site In Phoenix, Arizona

Digital Realty Acquires An Operating Data Center In Dallas, Texas And A Future
                     Development Site In Phoenix, Arizona

PR Newswire

SAN FRANCISCO, April 3, 2013

SAN FRANCISCO, April 3, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE:
DLR), a leading global provider of data center solutions, announced today that
it has completed the acquisition of two properties.

The first property is an operating data center totaling 61,750 square feet
located in Dallas, Texas, approximately 3.5 miles from Digital Realty's
Digital Dallas Datacenter Campus. The single-tenant facility is leased on a
long-term basis to a leading provider of business, information technology, and
communications solutions. The purchase price was approximately $8.5 million.

The second property is located in Phoenix, Arizona and consists of three
buildings totaling approximately 227,000 square feet. The first building
totals approximately 109,000 square feet will be added to Digital Realty's
inventory of space held for development. Subject to market conditions, the
building is capable of supporting approximately 7.2 megawatts of IT capacity.
The seller and current tenant occupies the remaining two office buildings on
a short-term lease basis, offsetting the near-term carrying costs for the
property. The purchase price was approximately $24.0 million.

"The acquisition of the Dallas facility is a continuation of our strategy of
adding income producing data center facilities to our global portfolio that
offer attractive returns for our shareholders," said Scott Peterson, Chief
Acquisitions Officer of Digital Realty. "The acquisition of the Phoenix site
adds future inventory to a market where we have experienced significant
absorption at our existing facilities coupled with continued strong demand
from enterprise customers. Both acquisitions expand our footprint in markets
where we see positive demand from customers for our flexible data center
solution offerings."

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 121 properties,
excluding three properties held as investments in unconsolidated joint
ventures, comprise approximately 22.2 million square feet as of February 28,
2013, including 2.4 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
current expectations, forecasts and assumptions that involve risks and
uncertainties that could cause actual outcomes and results to differ
materially, including statements related to future IT capacity a property can
support. 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 our geographic markets; decreases in
information technology spending, including as a result of economic slowdowns
or recession; adverse economic or real estate developments in our industry or
the industry sectors that we sell to (including risks relating to decreasing
real estate valuations and impairment charges); our 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; our failure to obtain necessary debt and equity financing; increased
interest rates and operating costs; risks associated with using debt to fund
our business activities, including re-financing and interest rate risks, our
failure to repay debt when due, adverse changes in our credit ratings or our
breach of covenants or other terms contained in our loan facilities and
agreements; financial market fluctuations; changes in foreign currency
exchange rates; our inability to manage our growth effectively; difficulty
acquiring or operating properties in foreign jurisdictions; our failure to
successfully integrate and operate acquired or developed properties or
businesses; the suitability of our properties and data center infrastructure,
delays or disruptions in connectivity, failure of our physical infrastructure
or services or availability of power; risks related to joint venture
investments, including as a result of our lack of control of such investments;
delays or unexpected costs in development of properties; decreased rental
rates or increased vacancy rates; increased competition or available supply of
data center space; our inability to successfully develop and lease new
properties and space held for development; difficulties in identifying
properties to acquire and completing acquisitions; our inability to acquire
off-market properties; our inability to comply with the rules and regulations
applicable to reporting companies; our failure to maintain our status as a
REIT; possible adverse changes to tax laws; restrictions on our ability to
engage in certain business activities; environmental uncertainties and risks
related to natural disasters; losses in excess of our 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 the Company with the U.S. Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended December 31, 2012.
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            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.digitalrealtytrust.com
 
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