Partnership Between KDC and Digital Realty Trust (NYSE: DLR) Announced
January 21st, 2010 By: THN Editor
     













(The Hosting News) – Real estate development firm KDC and data center provider Digital Realty Trust, Inc. have formed an alliance that creates the first single source for every aspect of build-to-suit enterprise data center projects. This agreement will allow enterprise customers can utilize KDC and Digital Realty Trust’s financial and technical resources and unmatched experience to pursue custom built data center projects of any scope and in any location worldwide.

“This alliance is a natural complement for both companies. Digital Realty Trust is the world’s leading wholesale data center provider and KDC sets the standard in the customized build-to-suit corporate facilities marketplace,” said KDC CEO Steve Van Amburgh. “This relationship will provide build-to-suit data center customers with a single source solution that delivers global resources and unmatched experience in custom development projects. At a time when most companies are having difficulty obtaining financing for major construction projects, our alliance provides a simple, best-in-class process for the leasing of custom data center facilities.”

KDC senior vice president and data center development expert, Ab Atkins, will oversee KDC’s role in the new alliance.

“The timing is ideal for the emergence of a national developer that can finance and develop build-to-suit data centers that will fit the location and technical needs of the end user,” said Atkins. “The alliance between KDC and Digital Realty Trust is the perfect platform to meet this market need head on.”

“For the first time, customers have a one-stop shop for their build-to-suit data center projects. KDC and Digital Realty Trust together form the single provider for custom build-to-suit data centers for enterprise customers without financing contingency risk,” said Chris Crosby, senior vice president, corporate development at Digital Realty Trust.

Crosby added, “KDC is the leader in corporate build-to-suit projects, having developed more than 110 facilities over the past decade. The firm has a tremendous track record in completing custom development projects on time and on budget. KDC’s expertise is a perfect complement to Digital Realty Trust because we are the ultimate landlord for built-to-suit data centers. Customers can leverage our experience and expertise during the design process as well as take advantage of access to our global purchasing arrangements for data center components. Additionally, we are able to provide a lease for the custom data center (including the mechanical and electrical plant) without financial contingency, offering a simple financial model that saves customers significant capital.”

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custom development projectsdata centersDigital Reality IncKDC