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TheStreet Open House

Digital Realty Showcases Premier Data Center In Downtown San Francisco

Stocks in this article: DLR

SAN FRANCISCO, July 16, 2013 /PRNewswire/ --  Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, today announced it will be showcasing one of its premier data centers, 365 Main Street, in San Francisco, CA, with an exclusive event on Thursday, July 18, 2013 from 5:00 p.m. to 8:00 p.m. PT.

Digital Realty executives will host tours of the facility, highlighting the benefits of the data center as well as the company's retail colocation services, including:

  • Direct access to tier-1 carriers, content delivery networks (CDNs), internet service providers (ISPs), cloud service providers and strategic service providers
  • Compliance with industry and federal standards such as SOC II, HIPAA and PCI
  • A highly efficient, secure environment that can fully support critical IT applications and business operations with a proven track record of uptime performance

Michael F. Foust, Chief Executive Officer of Digital Realty, will address how this data center supports the critical technology infrastructure of top San Francisco Bay Area companies. John Sarkis, Vice President of Connectivity and Carrier Operations for Digital Realty, will also be speaking about the company's connectivity initiatives within the 365 Main Street data center and globally, as well as the critical role that the facility will play in the recently announced Digital Realty Ecosystem.

The upgrades completed at 365 Main Street represent a $10 million investment in the building and associated infrastructure. The resulting increase in capacity has created a more efficient operating environment for the company's colocation customers, which includes more than 200 companies across the technology, legal, finance and entertainment industries.

According to Research and Markets, in a June 2013 report titled, Data Center Colocation Services Market in North America 2012-2016," one of the major drivers in the data center colocation services market is the increasing need to reduce capital and operational expenses in data center facilities. As enterprises are experiencing increasing expenditure on data center facilities there is a need to control these costs, and enterprises are opting for colocation services, which can be more cost effective than the internal hosting of data center services.

WHEN: Thursday, July 18, 2013 from 5:00 p.m.8:00 p.m. PT

WHERE: Digital Realty, 365 Main Street, San Francisco, CA  94105

INFORMATION: This event is by invitation only – interested parties may request an invitation to attend by contacting Lauren Williams at lwilliams@digitalrealty.com

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 122 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 22.7 million square feet as of April 26, 2013, including 2.6 million square feet of space held for development. Digital Realty's portfolio is located in 32 markets throughout North America, Europe, Asia and Australia. Additional information about Digital Realty is available on the Digital Realty's website at www.digitalrealty.com.

Safe Harbor Statement

This media alert 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 365 Main Street data center and demand drivers for data center colocations services. These risks and uncertainties include, among others, the following: the impact of global economic, credit and market conditions; decreases in information technology spending; adverse economic or real estate developments in our industry or the industry sectors that we sell to; risks related to our 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; 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; 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 failure to maintain our status as a REIT; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; and changes in laws and regulations, including those related to taxation and real estate ownership and operation.  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 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2013.  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.

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