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The following content is from an older version of this website, and may not display correctly. Global data center developer and provider of wholesale colocation services Digital Realty Trust concluded the year with hundreds of thousands of square feet in signed leases and property acquisitions totaling more than one million square feet during the second quarter.
Digital reported a net income of about $19.9m during the quarter, a drop from about $21.2m it reported for the same three months in 2009. Its total operating revenue in the second quarter was $197.5m, up 27.4 percent from $155m it reported in the second quarter of 2009.
The company had a busy quarter in terms of acquisition activity. In July, Digital closed its acquisition of a five-property portfolio managed by 365 Main from Rockwood Capital for about $725m, gaining about 919,000 of property in California, Arizona and Virginia.
The company
Digital reported a net income of about $19.9m during the quarter, a drop from about $21.2m it reported for the same three months in 2009. Its total operating revenue in the second quarter was $197.5m, up 27.4 percent from $155m it reported in the second quarter of 2009.
The company had a busy quarter in terms of acquisition activity. In July, Digital closed its acquisition of a five-property portfolio managed by 365 Main from Rockwood Capital for about $725m, gaining about 919,000 of property in California, Arizona and Virginia.
The company