Data Center Company Digital Realty Acquires Land in Frankfurt, Germany, for $6 Million

Digital Realty Trust, a global provider of data center, colocation and interconnection solutions, has acquired a six-acre land parcel approximately three miles west of downtown Frankfurt, Germany for a purchase price of $6 million. The site is expected to support a 27-megawatt data center campus comprised of three buildings totaling approximately 340,000 square feet.

colocation-digital-realty“We are excited to expand our presence in Europe by establishing a foothold in Germany, which has been a longtime target market for us,” said A. William Stein, Digital Realty’s Chief Executive Officer (CEO). “We have begun the local entitlement process and expect to be in a position to break ground later in 2016, with the goal of delivering the first data center suite in the second half of 2017, subject to market demand. We expect the region to flourish in the coming years, and extending our global footprint to Germany will allow us to continue executing on our mission of providing our customers the trusted foundation for the digital world.”

Digital Realty currently has 23 data centers in Europe, including facilities in London, Dublin, Amsterdam, Geneva and Paris.

Digital Realty‘s data center clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.