September 18, 2007 -- (WEB HOST INDUSTRY REVIEW) -- Data center operator Digital Realty Trust (digitalrealtytrust.com) announced on Monday it has acquired 50 percent ownership interest in a joint venture partnership with W. Leslie Pelio and Associates, for 1500 Space Park Drive, a data center development project located in Santa Clara, California.

Digital Realty Trust will be responsible for the day-to-day operations of the planned 343,000 square foot project, which consists of an existing 50,000 square foot building and additional land to support the development of two new data center facilities which total up to 293,000 square feet.

The company says it considers Santa Clara to be one of the markets of highest demand for data center space in the country with very limited supply of move-in ready facilities.

"It is located immediately adjacent to our 1100 Space Park facility and within one mile of our other Santa Clara buildings," says Michael F. Foust, CEO of Digital Realty Trust. "This site is uniquely positioned to satisfy the extensive power and data network criteria of the most sophisticated corporate data center requirements. Initially, we plan to build-out and lease more than 34,000 square feet of turn-key data center space in the existing building and will finalize plans to develop the balance of the site in response to market demand."

Digital Realty Trust announced earlier this month it released the results of its research study that evaluates the future of green data center trends.

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