Digital Realty Trust Inc. Announces Leasing Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the year ended December 31, 2012, the company commenced leases totaling over $134.9 million of annualized GAAP rental revenue, including nearly $8.4 million of colocation revenue. Commenced leases totaled approximately 997,000 square feet of space, including nearly 611,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of $168.00 per square foot, nearly 190,000 square feet of Custom Solutions space leased at an average annual GAAP rental rate of $80.00 per square foot, over 108,000 square feet of Powered Base Building space leased at an average annual GAAP rental rate of $65.00 per square foot, and over 88,000 square feet of non-technical space leased at an average annual GAAP rental rate of $21.00 per square foot. For the year ended December 31, 2012, the company signed leases totaling over $105.7 million in annualized GAAP rental revenue, including nearly $7.3 million in colocation revenue. Leases signed totaled over 849,000 square feet, including over 538,000 square feet of Turn-Key Flex space leased at an average annual GAAP rental rate of $162.00 per square foot, approximately 87,000 square feet of Custom Solutions space leased at an average annual GAAP rental rate of $65.00 per square foot, over 68,000 square feet of Power Based Building space leased at an average annual GAAP rental rate of $33.00 per square foot, and over 156,000 square feet of non-technical space leased at an average annual GAAP rental rate of $22.00 per square foot.