Digital Realty Trust, a leading global provider of data centre solutions, has announced that it has completed the acquisition of 371 Gough Road in Markham, Ontario (Canada), a 120,000 sq ft data centre development property that is located approximately 17 miles north of Toronto's central business district; construction on the facility is subject to demand. The purchase price was C$8.65 million.
"We have been tracking a significant amount of demand for enterprise-quality data centre space with very limited supply in the Toronto market," said Michal F. Foust, chief executive officer of Digital Realty. "The acquisition of this property expands our existing footprint and enables us to support our customers' data centre requirements in the Toronto market." "The property currently consists of warehouse and some office space that is 48% leased to two tenants," said Scott Peterson, chief acquisitions officer of Digital Realty. "As a data centre, the facility is capable of supporting approximately 5.4 megawatts of IT load, or four 1,350 kW Turn-Key Flex suites, utilizing our new POD Architecture 3.0."
Source: PR Newswire