Digital Realty reports Q4 commenced leases $52.3M

theflyonthewall.com

Digital Realty commenced leases in Q4 totaling approximately $52.3M of annualized GAAP rental revenue, including over $3.9M of colocation revenue. Commenced leases totaled over 384K square feet, including 248K square feet of Turn-Key FlexSM space leased at an average annual GAAP rental rate of approximately $179.00 per square foot, approximately 65K square feet of Custom Solutions (formerly referred to as Build-to-Suit) space leased at an average annual GAAP rental rate of over $39.00 per square foot, 9K square feet of Powered Base Building space at an average annual GAAP rental rate of approximately $38.00 per square foot, and over 63K square feet of non-technical space leased at an average annual GAAP rental rate of over $17.00 per square foot.

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