Digital Realty Buys The MetCenter
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Digital Realty Trust has finished its acquisition of MetCenter Business Park, 337k SF of flex office and data center space in Austin. Digital Realty officials say the complex is 90% leased to a variety of data center, biotechnology, tech and telecommunication enterprises. The company paid nearly $32M. Digital Realty CAO Scott Peterson says the buy expands our existing data center footprint in the Austin market, while providing stable cash flow immediately at an attractive going-in cap rate.
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