Digital Realty Trust acquired a 120,000 square foot data center development property in Markham, Ontario (Canada), approximately 17 miles north of Toronto’s central business district. The facility is capable of supporting approximately 5.4 megawatts of IT load. The purchase price was C$8.65 million.
“We have been tracking a significant amount of demand for enterprise-quality data center space with very limited supply in the Toronto market,” said Michal F. Foust, chief executive officer of Digital Realty. “The acquisition of this property expands our existing footprint and enables us to support our customers’ data center requirements in the Toronto market.”
