Digital Realty's Results Are In

S.F.-based Digital Realty's local portfolio--one site in Oakland and three in the city--was 90.5% leased at year's end, according to its SEC filing this week. Its 131-property portfolio counts subsidiaries of CenturyLink, IBM, and telx Group as its largest tenants, by annualized rent. FFO per share of $4.74 for full-year 2013 was up 7% from $4.44 in 2012. The data giant's Silicon Valley portfolio was 78.8% leased and has some holes to fill. About half of the 307k SF data center at 34551 Ardenwood in Fremont is up for grabs. Above, CEO Mike Foust and CFO Bill Stein pose with ISI Group’s Steve Sakwa, left, at a past NAREIT REITWeek in NY.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

Stanford Pursuing $100M Fund For A 2M SF Expansion

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

California Emerging As Data Center Fallback Market Amid Nationwide Opposition

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Data Center IPO Wave Reveals A Variety Of New Strategies In Booming Sector

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Renovate Or Raze: K-12 Developers, School Districts Face Difficult Development Choices