Digital Realty takes six buildings for $32M in Austin

AUSTIN – Digital Realty Trust Inc. acquired a six-building portfolio consisting of operating data centers and office space totaling approximately 337,000 sf at the MetCenter Business Park. The purchase price was $31.9 million.

The overall portfolio is currently 90 percent leased to data center, biotechnology, technology and telecommunications enterprises.

Two of the six buildings, totaling approximately 100,000 net rentable sf, are operating data centers that are 100 percent leased to three tenants. The remaining four properties consist of flex office space.

The six buildings are located adjacent to Digital Realty’s data center at 7500 Metro Center Dr., approximately five miles southeast of the Austin central business district.

Read more at DailyMarkets.com.