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Digital Realty completes second sale/leaseback transaction with Delta Air Lines

Digital Realty Trust, a leading global provider of data centre solutions, has announced that it has completed the acquisition of 1500 Towerview Road inEagan, Minnesota, a suburb of Minneapolis. The 329,000 sq ft data centre facility, situated on 39 acres of land, is fully leased to Delta Air Lines. The purchase price was US$37 million.

Structured as a sale-leaseback transaction, Delta Air Lines has signed an eight-year, triple net lease with Digital Realty for the facility. The three-level facility consists of approximately 86,000 sq ft of raised-floor data centre space capable of supporting an IT load of 8.0 megawatts. "The acquisition of Towerview further expands our footprint in a key U.S. market and deepens our relationship with an existing customer—a major commercial airline with an extensive domestic and international network," said Michael F. Foust, chief executive officer of Digital Realty. "We look forward to continuing to work with Delta Air Lines to support their future data centre requirements."

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