News
Digital Realty's Results Are In
March 5, 2014
S.F.-based Digital Realty's local portfolio--one site in Oakland and three in the city--was 90.5% leased at year's end, according to its SEC filing this week. Its 131-property portfolio counts subsidiaries of CenturyLink, IBM, and telx Group as its largest tenants, by annualized rent. FFO per share of $4.74 for full-year 2013 was up 7% from $4.44 in 2012. The data giant's Silicon Valley portfolio was 78.8% leased and has some holes to fill. About half of the 307k SF data center at 34551 Ardenwood in Fremont is up for grabs. Above, CEO Mike Foust and CFO Bill Stein pose with ISI Group’s Steve Sakwa, left, at a past NAREIT REITWeek in NY.
