DuPont Fabros Technology has reported results for the quarter ended June 30, 2011. Highlights; As of today, the company's stabilized operating portfolio is 99% leased, NJ1 Phase I is 25% leased, CH1 Phase II is 50% pre-leased, SC1 Phase I is 13% pre-leased and ACC6 Phase I is 4% pre-leased.
Second quarter 2011 activity: Signed three leases totalling 3.25 megawatts and 16,023 raised sq ft with an average lease term of 7.2 years and Closed on a 23 acre land parcel in Ashburn, Virginia adjacent to our ACC data centre campus.
Subsequent to the second quarter: Renewed for an additional eight years a 9.6 MW lease that was scheduled to expire in increments from 2012 to 2017 and Signed one lease totalling 0.57 MW and 2,750 raised sq ft.
Source: DuPont Fabros