EAGAN, MN—Digital Realty Trust Inc., based in San Francisco, has acquired a 329,000-sq.-ft. data center facility here from Delta Air Lines in a $37 million sale-leaseback transaction.
The property is on 39 acres at 1500 Towerview Road, a suburb of Minneapolis. Delta Air Lines has signed an eight-year, triple net lease with Digital Realty for the facility. The three-level facility consists of approximately 86,000 sq. ft. of raised-floor data center space capable of supporting an IT load of 8.0 megawatts.
The acquisition of Towerview further expands the firm’s footprint in a key U.S. market, executives at the firm said in a statement. "We are beginning to see more enterprise customers, such as Delta, looking to Digital Realty to help them monetize their real estate assets while continuing to support their critical operations with a well-capitalized, long-term data center owner," said Scott Peterson, chief acquisitions officer of Digital.