Digital Realty Trust bought a sixty percent joint venture interest in seven buildings totaling approximately 797,000 sq ft, located in Richardson, Texas.

The buildings range in size from 15,000 sq ft to 250,000 square feet redevelopment project. The former Collins Technology Park, renamed the Digital Realty Trust Datacenter Park - Dallas is a 69-acre property with several land sites and a private substation with 40 MW of immediate availability is expandable to up to 125 MW.

"By entering into this joint venture, we've added substantial additional inventory to satisfy our customers' ongoing demand...in a market where we are essentially fully leased at our existing sites," said Scott Peterson, Senior Vice President of Acquisitions for Digital Realty Trust.

Phase I of the site development will focus on completing Powered Base Building improvements to the first 106,000 square foot building and building out six Turn-Key Datacenter PODs by early 2010.

Each POD will contain approximately 10,000 square feet of raised floor and deliver 1125kW of critical load.

Subsequent phases will be subject to market conditions.