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News release

PHOENIX, AZ

Jones Lang LaSalle Joins Digital Realty to Open Major Data Center Expansion in Chandler, Ariz.

Nine-month construction project responds to “exponential” demand for Arizona data center space


PHOENIX, Sept. 20, 2011 – Jones Lang LaSalle this week joins Digital Realty (NYSE: DLR), a global provider of data center solutions, to open its expansion of a mission critical data center in Chandler, Ariz. The expansion adds approximately 226,000 square feet of space and 13 megawatts of additional power to Digital Realty’s existing two-story, 293,000-square-foot data center.

Industry leaders, customers, business partners, select media and state, government and city officials are invited to the data center’s ribbon cutting and open house event, taking place this Wednesday, Sept. 21 from 10 a.m. to 12:00 p.m. at 2121 S. Price Road in Chandler, Ariz., one mile south of Loop 101 at Germann Road, within the Price Road Tech Corridor.

The event begins with small group data center tours—a rare look inside what is otherwise a highly secure and constantly monitored operation—followed by brunch and comments.
“Leaders from Chandler, Phoenix and Tempe have recognized the future of the data center market and are collaborating to bring those economic benefits to their communities,” said Dave Caron, Senior Vice President of Portfolio Management at Digital Realty. “We look forward to celebrating their initiative, our partnership and the advancing high-tech reputation of the Valley.”

“In today’s market, it’s critical that businesses efficiently manage their data and keep ahead of technology applications, such as cloud computing and the use of internet-driven devices,” said Mark Bauer, Managing Director of the Data Centers Solutions (DSC) group in the Phoenix office of Jones Lang LaSalle. “Because data centers take on that role, demand for this building type is exponential.”

Bauer, along with Jason Warner, Managing Director in the Los Angeles office of Jones Lang LaSalle, lead the listing team for the data center expansion.

Phase Two of 2121 S. Price Road began in January, after the 293,000-square foot Phase One reached 100 percent occupancy. The expanded shell wraps around the original building and includes three 1125 kilowatt Turn-Key Datacenters®, which provide move-in ready data center space.

“Arizona’s lack of natural disasters, below-average cost of energy, diverse mix of fuel sources, major fiber network, talented IT workforce and affordable cost of doing business make it one of the nation’s top locations for data centers,” said Bauer. “I don’t see this demand tapering off anytime soon.”

The 2121 project is located in the Price Road Tech Corridor, just 20 minutes from downtown Phoenix. It provides a technologically and financially secure alternative for data center needs and is the core competency of Digital Realty. The multi-tenant building has a 69 kV substation on site, power capacity of up to 60 MVA, N+1 redundancy and 15 current network providers.

Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing nearly 350 of the area’s most recognized industry experts, the firm offers office and industrial brokerage, tenant representation, facility and investment management, capital markets and development services. In 2010, the Phoenix team completed 3.2 million square feet in lease transactions, directed $60 million in project management and currently has 13.5 million square feet under management.
 
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.
 
About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data center needs. Digital Realty'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's 97 properties, excluding two properties held as investments in unconsolidated joint ventures, comprise approximately 17.2 million square feet as of September 6, 2011, including 2.2 million square feet of space held for redevelopment. Digital Realty's portfolio is located in 30 markets throughout Europe, North America, Singapore and Australia. Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website at http://www.digitalrealty.com.