{"id":649425,"date":"2013-03-28T08:44:06","date_gmt":"2013-03-28T12:44:06","guid":{"rendered":"http:\/\/www.datacenterknowledge.com\/?p=94532"},"modified":"2013-03-28T08:44:06","modified_gmt":"2013-03-28T12:44:06","slug":"digital-realty-acquires-property-in-toronto-market","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/649425","title":{"rendered":"Digital Realty Acquires Property in Toronto Market"},"content":{"rendered":"<div id=\"attachment_89753\" class=\"wp-caption aligncenter\" style=\"width: 480px\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-89753\" alt=\"Digital_Realty_Skid-Install\" src=\"http:\/\/www.datacenterknowledge.com\/wp-content\/uploads\/2013\/01\/Digital_Realty_Skid-Install.jpg\" width=\"470\" height=\"487\" \/><\/p>\n<p class=\"wp-caption-text\">Employees of Digital Realty deliver a pre-fabricated electrical room on a skid to a data center site. The company says it will use its POD architecture to develop new space at a facility it has acquired in Ontario. (Photo: Digital Realty Trust).<\/p>\n<\/div>\n<p>Citing strong demand and limited supply in the Toronto data center market, <strong>Digital Realty Trust<\/strong> has acquired a mixed-use property in Markham, Ontario and will convert part of the site for data center use. Digital Realty, the world&#8217;s largest data center developer, \u00a0said it paid C$8.65 million ($8.5 million US) to acquire 371 Gough Road in Markham, a 120,000 square foot property approximately 17 miles north of Toronto&#8217;s central business district.<\/p>\n<p>&#8220;We have been tracking a significant amount of demand for enterprise-quality data center space with very limited s<span style=\"font-size: 13px; line-height: 19px;\">upply in the Toronto market,&#8221; said Michael Foust, chief executive officer of Digital Realty. &#8220;The acquisition of this property expands our existing footprint and enables us to support our customers&#8217; data center requirements in the Toronto market.&#8221;<\/span><\/p>\n<p>The property currently consists of warehouse and some office space that is 48 percent leased to two tenants, according to Scott Peterson, chief acquisitions officer of Digital Realty. &#8220;As a data center, the facility is capable of supporting approximately 5.4 megawatts of IT load, or four 1,350 kW Turn-Key Flex suites, utilizing our new POD Architecture 3.0.&#8221;<\/p>\n<p>Digital Realty isn&#8217;t the only data center provider that&#8217;s building in Toronto. Equinix recently began work on a <a href=\"http:\/\/www.datacenterknowledge.com\/archives\/2012\/12\/10\/equinix-leases-more-space-in-toronto\/\">large new data center<\/a> in downtown Toronto, while <a href=\"http:\/\/www.datacenterknowledge.com\/archives\/2012\/05\/02\/cologix-expands-operations-in-toronto\/\">Cologix <\/a>is also adding new space. Both projects are adjacent to 151 Front Street, the city&#8217;s primary carrier hotel and connectivity hub.<\/p>\n<p><a href=\"http:\/\/www.digitalrealtytrust.com\/\">Digital Realty<\/a> operates a data center portfolio comprised of 22 million square feet of space across 119 properties in \u00a032 markets throughout Europe, North America, Asia and Australia. The company&#8217;s holdings include an existing property in the Toronto market in Mississagua, Ontario.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employees of Digital Realty deliver a pre-fabricated electrical room on a skid to a data center site. The company says it will use its POD architecture to develop new space at a facility it has acquired in Ontario. (Photo: Digital Realty Trust). Citing strong demand and limited supply in the Toronto data center market, Digital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-649425","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/649425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=649425"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/649425\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=649425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=649425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=649425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}