{"id":20091435,"date":"2010-01-26T14:29:57","date_gmt":"2010-01-26T22:29:57","guid":{"rendered":"https:\/\/64.70.41.235\/?p=20091435"},"modified":"2022-12-07T17:44:59","modified_gmt":"2022-12-08T01:44:59","slug":"kdc-digital-realty-join-forces","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kdc-digital-realty-join-forces\/","title":{"rendered":"KDC, Digital Realty Join Forces"},"content":{"rendered":"<p>January 26, 2009<br \/>\nBy Allison Landa, News Editor<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/01\/Chris-Crosby-Digital-Realty-Trust.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004017331\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/kdc-digital-realty-join-forces\/chris-crosby-digital-realty-trust-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/01\/Chris-Crosby-Digital-Realty-Trust.jpg\" data-orig-size=\"166,232\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Chris Crosby, Digital Realty Trust\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/01\/Chris-Crosby-Digital-Realty-Trust.jpg?w=166\" class=\"alignright size-thumbnail wp-image-1004017331\" title=\"Chris Crosby, Digital Realty Trust\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/01\/Chris-Crosby-Digital-Realty-Trust.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a><br \/>\nA recent alliance between commercial real estate development and investment firm KDC and wholesale data center provider Digital Realty Trust may be a deal to watch for companies looking to spearhead data center projects.<\/p>\n<p>The joint venture has created a national development firm that is able to finance and develop build-to-suit data centers customized to a client\u2019s location and technical needs. KDC has developed 110 facilities over the past decade, while Digital Realty has an 81-property portfolio comprising approximately 14.4 million rentable square feet in 27 markets across North America and Europe.<\/p>\n<p>\u201cWith this alliance, we bring to the table technical design expertise, site acquisition, real estate development and construction, financing, and operations capabilities to the extent that an enterprise company can tell us their requirements and their technology needs and we can help them design it, build it, and operate it,\u201d KDC senior vice president and data center development expert Ab Atkins told <em>CPE<\/em>.<\/p>\n<p>Digital Realty senior vice president of corporate development Chris Crosby added that the combined companies are able to provide a lease for custom data centers, including mechanical and electrical plants, without financial contingency. In a statement, he called this \u201ca simple financial model that saves customers significant capital.\u201d<\/p>\n<p>Atkins said the joint venture fills a unique market need for owners and operators of data centers, since this asset class is not only difficult to finance, but has significant barriers of entry including technical expertise, specific data center development experience, and the ability to provide full financing.<\/p>\n<p>\u201cThat\u2019s very, very unique right now in this current capital market to be able to put all those components in one package,\u201d he said. \u201cFor a customer, it really reduces time and capital and it alleviates the enterprise companies\u2019 need to deploy a lot of their own personnel as well as capital into the development of these properties, which is very time-consuming. In short, we make what is complicated much more simple for corporate America.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The combined companies hope to offer a unique turnkey solution for owners and developers of data centers.<\/p>\n","protected":false},"author":936,"featured_media":1004017331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21742,21787],"tags":[],"class_list":["post-20091435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-latest","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>KDC, Digital Realty Join Forces - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/kdc-digital-realty-join-forces\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KDC, Digital Realty Join Forces\" \/>\n<meta property=\"og:description\" content=\"The combined companies hope to offer a unique turnkey solution for owners and developers of data centers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/kdc-digital-realty-join-forces\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2010-01-26T22:29:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T01:44:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/01\/Chris-Crosby-Digital-Realty-Trust.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"166\" \/>\n\t<meta property=\"og:image:height\" content=\"232\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allison Landa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/\"},\"author\":{\"name\":\"Allison Landa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/0eb45390ae3124c14a919b7ec7bd2249\"},\"headline\":\"KDC, Digital Realty Join Forces\",\"datePublished\":\"2010-01-26T22:29:57+00:00\",\"dateModified\":\"2022-12-08T01:44:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/\"},\"wordCount\":336,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2010\\\/01\\\/Chris-Crosby-Digital-Realty-Trust.jpg\",\"articleSection\":[\"Industrial\",\"News\",\"Technology\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/kdc-digital-realty-join-forces\\\/\",\"name\":\"KDC, Digital Realty Join Forces - 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