Contracted to buy five data centers and one office building; also completed acquisition of the Lakeside Technology Center in Chicago for $140m in cash.

Digital Realty Trust, Inc., an owner and manager of technology-related properties, today announced that it has contracted to purchase five data centers and one office building totaling approximately 642,000 net rentable square feet.

Digital Realty Trust has agreed to purchase these properties for a total of approximately $109 million. One of the data centers is located near Denver, Colorado and is leased to AmeriQuest Mortgage Company through February 2012, will be purchased for approximately $16.5 million at an initial year unleveraged cash cap rate of approximately 9.25%. The acquisition is expected to close within one week. The remaining four data centers and office building are leased to Savvis, Inc. through February 2019. Three of the data centers and the office building are located in Santa Clara, California and the fourth data center is located in El Segundo in Southern California.

The Company has also completed its acquisition of the Lakeside Technology Center in Chicago for approximately $140 million in cash. Lakeside Technology Center serves as the Midwest's dominant Internet Gateway and data center. The property was purchased for approximately $140 million in cash

"The assets we're acquiring are fantastic properties that are fully occupied for an extended period," said Michael Foust, Chief Executive Officer of Digital Realty Trust. "Adding the five new data centers to our portfolio gives us an even greater opportunity to provide mission critical facilities to leading businesses throughout the United States. The Lakeside Technology Center is one of the Midwest region's premier data centers and Internet Gateways, and we are very proud to be its new owner."