SAN FRANCISCO, June 7, 2011 /PRNewswire via COMTEX/ -- Digital Realty Trust, Inc. (NYSE:DLR, news, filings), a global wholesale datacenter provider, announced today that it has completed its previously announced At The Market equity distribution program. Pursuant to this program, the Company sold 6,790,653 shares of common stock for gross proceeds of $400 million, resulting in net proceeds of approximately $394 million after deducting commissions and offering expenses. During the second quarter of 2011, the Company sold 2,869,445 shares of common stock for gross proceeds of approximately $174 million at an average price of $60.58 per share, resulting in net proceeds of approximately $171 million after deducting commissions and offering expenses. Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. Incorporated served as sales agents under the program.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, the Company's common stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. enables customers to deliver critical business applications by providing secure, reliable and cost effective datacenter facilities. Digital Realty Trust's customers include domestic and international companies across multiple industry verticals ranging from information technology and Internet enterprises, to manufacturing and financial services. Digital Realty Trust's 96 properties, excluding two properties held as investments in unconsolidated joint ventures, comprise approximately 16.9 million square feet as of April 28, 2011, including 2.2 million square feet of space held for redevelopment. Digital Realty Trust's portfolio is located in 28 markets throughout Europe, North America and Singapore.
|For Additional Information:|
|A. William Stein||Pamela Matthews Garibaldi|
|Chief Financial Officer and||Vice President, Investor Relations and|
|Chief Investment Officer||Corporate Marketing|
|Digital Realty Trust, Inc.||Digital Realty Trust, Inc.|
|+1 (415) 738-6500||+1 (415) 738-6500|
SOURCE Digital Realty Trust, Inc.