SAN FRANCISCO, March 15, 2017 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data center,
colocation and interconnection solutions, announced today the
opening of a new facility in Atlanta comprising approximately 18,000 square
feet of capacity and representing a total investment of
approximately $22 million. The
new Digital Realty facility at 250 Williams Street is connected via
high-speed fiber to the company's existing facility at 56 Marietta
Street, the region's premier interconnection hub. Digital Realty's
Atlanta connected campus offers
all the advantages of an internal network of over 11,000 cross
connects between more than 300 customers, including 150 cloud, IT
infrastructure and network providers.
"The rapid growth of hybrid- and multi-cloud strategies among
innovative enterprises is accelerating the need for colocation
facilities in many major metro areas,*" said industry analyst,
Liz Cruz, Associate Director at IHS
Markit. "Atlanta is one of
the country's fastest-expanding tech markets. The additional data
center capacity provided by this expansion will help fuel the
region's technology growth, and serve as an enabling factor in the
city's and its businesses' ongoing financial success."
The Atlanta metro area is an
appealing interconnection location for enterprises,
telecommunications and cloud providers given its low cost of
occupancy, reliable power, robust fiber infrastructure and peering
capabilities, in addition to its low risk of natural disasters.
It is home to more than 13,000 technology companies,
including leaders in financial services, transportation,
healthcare, IT, telecommunications and Internet security, as well
as more than 30 colleges and universities.
"This expansion builds upon our leadership in the Southeast
region, giving our customers new ways to connect, extend their
reach and find new business opportunities," said Chris Sharp, Digital Realty's Chief Technology
Officer. "Our track record, network choice, solution
flexibility, interconnection capabilities and ecosystem deliver
exceptional quality and value, and provide assurance for business
continuity. We are very pleased to build upon our existing
footprint in Atlanta and to
continue growing our relationships and community in this developing
technology center."
Digital Realty offers a full spectrum of global data center
solutions. The company owns and operates 145 properties
encompassing approximately 23 million square feet across 33 global
metropolitan areas, enabling customers to expand from a single
cabinet to a multi-megawatt facility as their needs grow, with no
change in providers and no interruption in service. The
company's Service Exchange interconnection platform, launched in
November 2016, facilitates direct,
private and secure connections ("virtual cross connects") to
multiple cloud service providers – including Amazon Web Services,
Google Cloud Platform and Microsoft Azure – as well as
telecommunications providers and other Digital Realty customers
worldwide. Customers can actively manage their virtual cross
connects through MarketplacePORTAL, Digital Realty's award-winning
online customer platform, and scale the bandwidth of their
connections up or down as needed.
*Information based on IHS Markit, Technology Group, Multi-Tenant
Data Center Intelligence Service. Information is not an endorsement
of Digital Realty. Any reliance on these results is at the
third party's own risk. Visit technology.ihs.com for more
details.
About Digital Realty
Digital Realty supports the data
center and colocation strategies of more than 2,200 firms across
its secure, network-rich portfolio of data centers located
throughout North America,
Europe, Asia and Australia. Digital Realty's clients
include domestic and international companies of all sizes, ranging
from financial services, cloud and information technology services,
to manufacturing, energy, gaming, life sciences and consumer
products.
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 our uptime
statistics and our approach to construction, operations and
maintenance. These risks and uncertainties include, among
others, the following: the impact of current global economic,
credit and market conditions; current local economic conditions in
the metropolitan areas in which we operate; 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;
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 and
information security 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, increased operating costs or increased vacancy rates;
increased competition or available supply of data center space; our
inability to successfully develop and lease new properties and
development space; difficulties in identifying properties to
acquire and completing acquisitions; our inability to acquire
off-market properties; the impact of the United Kingdom's referendum on withdrawal from
the European Union on global financial markets and our business;
our inability to comply with the rules and regulations applicable
to reporting companies; 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, 2016. 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/Media
Inquiries:
Clive Over
Director, Product Marketing
Digital Realty
(415) 848-9456
cover@digitalrealty.com
Wilson Craig
SVP/GM
Mindshare PR
(408) 516-6182
wilson@mindsharepr.com
Investor Relations:
John J.
Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
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SOURCE Digital Realty