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Web Hosting Solutions Provider, Digital Realty Trust, Acquires Savvis Facility
Digital Reality Trust, an owner and manager of corporate data centers and Internet gateways, acquired Savvis headquarters and national operations center in St. Louis
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Aug. 31, 2007 - (TopHosts News Brief) - Digital Realty Trust, Inc. (NYSE: DLR) reports it acquired One Savvis Parkway, a 156,000 square foot office building located in suburban St. Louis, Missouri, for $27.7 million.
The five-story building serves as Savvis corporate headquarters and national Network Operations Center facility. Its 100% leased on a triple net basis through July 2017 to Savvis, Inc.
“The acquisition of this property represents a very attractive risk-adjusted return for DLR,” Michael Foust, CEO of Digital Realty Trust, said in a company press release. “Savvis continues to be a very important customer for DLR and we are pleased to have its headquarters as part of our operating portfolio.”
For more information, visit http://www.digitalrealtytrust.com.
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