Digital Realty Stock Sales Raises $167.8 Million

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Digital Realty Trust, Inc. said this week that it raised $167.8 million in a secondary stock sale that included shares of both common and preferred stock. The company’s shares were trading at $18.69 this afternoon, continuing an upward climb from about $14 a share three months ago. DRT’s 33 enterprise data center properties span approximately 7.8 million net rentable square feet, excluding space held for redevelopment.

About the Author

Rich Miller is the founder and editor-in-chief of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.