Award Recognizes Energy Efficiency and Sustainable Operations of Digital Realty Trust's Downtown L.A. Datacenter Facility
SAN FRANCISCO, Feb. 23, 2011 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a global wholesale datacenter provider, has received the Los Angeles Department of Water and Power (LADWP) Sustainability Award in recognition of energy efficiency and sustainability initiatives at Digital Realty Trust's 600 W. 7th Street datacenter facility. Located in downtown Los Angeles, this 450,000 square foot building is one of the largest and most important datacenter and telecommunications facilities in the United States. Digital Realty Trust is the first datacenter company to receive this prestigious award from the LADWP.
The award recognizes significant gains in energy efficiency that Digital Realty Trust has achieved at the facility as well as numerous additional initiatives to implement sustainable operational practices in the datacenter. The award also recognizes the 600 W. 7th Street facility's recent LEED Gold certification from the U.S. Green Building Council, designating the property as one of the most energy-efficient, sustainably-operated datacenters in the country.
"We greatly appreciate this recognition by the Los Angeles Department of Water and Power. As an organization, Digital Realty Trust has made sustainability and energy efficiency a central focus of how we design, build and operate our datacenter facilities," said Dave Caron, Senior Vice President, Portfolio Management Digital Realty Trust. "We have been at the forefront of utilizing the U.S. Green Business Council's specifications in the datacenter industry going back a number of years. We were the first datacenter company to earn LEED Gold certification, and we have adopted LEED specifications as a standard across our entire portfolio worldwide. We're proud to be the first datacenter recipient of the LADWP's Sustainability Award and look forward to continuing our collaboration with their team and utilities across the country to increase the sustainability of datacenter facilities."
"Sustainable data centers are an important part of reducing the carbon footprint. Energy and cost reduction remain a high priority. I am pleased to congratulate Digital Realty Trust on its achievement," said LADWP's Assistant General Manager of Customer Services, John X. Chen.
In addition to this recognition from the LADWP, Digital Realty Trust also recently received the Commercial Real Estate Project of the Year Award from the Richardson, TexasChamber of Commerce for the Company's development of Datacenter Park-Dallas. Datacenter Park-Dallas consists of seven buildings totaling approximately 797,000 square feet, ranging in size from 15,000 square feet to 250,000 square feet. The 69-acre property, located in the heart of the Telecom Corridor® (www.telecomcorridor.com) in Richardson, Texas, also contains several developable land sites and a private substation with 72 MW of immediate availability, which is expandable to up to 150 MW. The park is capable of supporting Powered Base Building®, Turn-Key Datacenter® and custom Build-to-Suit solutions.
For more information about 600 W. 7th Street in Los Angeles and Datacenter Park - Dallas in Richardson, please visit http://datacenters.digitalrealtytrust.com/LocatorListing or contact the Digital Realty Trust sales team at email@example.com.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. enables customers to deliver critical business applications by providing secure, reliable and cost effective datacenter facilities. Digital Realty Trust's customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty Trust's 96 properties, excluding two properties held as investments in unconsolidated joint ventures, comprise approximately 16.8 million square feet as of February 18, 2011, including 2.2 million square feet of space held for redevelopment. Digital Realty Trust's portfolio is located in 28 markets throughout Europe, North America and Singapore. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com.
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to our energy efficiency and sustainability initiatives, the 600 W. 7th Street facility and Datacenter Park – Dallas. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; our failure to repay debt when due or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully operate acquired or redeveloped properties; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development or redevelopment of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for redevelopment; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and the Company's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2010, June 30, 2010 and September 30, 2010. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Additional Information:
A. William Stein
Pamela A. Matthews
Chief Financial Officer and
Director of Investor Relations
Chief Investment Officer
Digital Realty Trust
Digital Realty Trust
SOURCE Digital Realty Trust, Inc.