Digital Realty Trust Continues Acquisition Process
Digital Realty Trust
This week DRT (Digital Realty Trust), a Real Estate Investment Trust, announced the completion of two acquisitions; one in California and the other in Texas. The total purchase price was $50.3 Million.
Digital Realty Trust continues to move toward acquisitions that include existing tenants. Typically, they build and develop quality sites for large clients and data center operators.
The California property is located at 2950 Zanker Road, San Jose, California. The property is approximately 69,700 rentable square feet. the Texas property is located in Richardson, Texas. It has approximately 56,000 rentable square feet. Both properties are leased to telecommunications companies.
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