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Digital Realty, Logicworks Enter Agreement For Turn-Key Flex Space


SAN FRANCISCO, Nov. 26 – Digital Realty Trust, Inc., a leading global provider of data center solutions, announced today that it signed a new Turn-Key Flex lease with Logicworks, a leading provider of cloud computing and managed hosting services headquartered in New York City. The lease commenced in the third quarter and is for space at Digital Realty's data center facility in Piscataway, New Jersey.

"Our clients count on us to deliver highly available and compliant public, private, and hybrid cloud hosting solutions which means our datacenter footprint needs to be of the highest possible standard," said Kenneth Ziegler, Chief Executive Officer of Logicworks. "For our latest domestic expansion, Digital Realty proved to have the best combination of top-tier wholesale space and the business flexibility to work with our time-to-market and ongoing consumption needs."

"The dramatic growth in SaaS and digital content is placing high demand on cloud service providers like Logicworks," said Michael F. Foust, Chief Executive Officer at Digital Realty. "We see the shift to cloud architectures continuing to increase demand for flexible, world-class data center solutions that can accommodate growing companies such as Logicworks. We are very pleased to be partnering with them as their business continues to expand."

"Our clients often cite Logicworks' service offerings as part of their solutions to end-customers, and having a strong datacenter partner like Digital Realty is consistent with the level of quality they expect about the foundation of our infrastructure," added Ziegler.

Digital Realty's Turn-Key Flex solution is a modular approach to delivering secure, enterprise quality data center space to meet customers' just-in-time requirements. Designed to provide maximum flexibility, reliability and efficiency, each Turn-Key Flex facility comes fully commissioned with its own dedicated electrical and mechanical infrastructure. Utilizing Digital Realty's proprietary POD Architecture and extensive supply chain, Digital Realty's next generation Turn-Key Flex data center solution is designed for the future and ready today.

About Logicworks

Logicworks provides cloud computing and managed hosting to some of the world's most respected brands including Dow Jones, NBC, Lincoln Center, Orion Health, and 1-800-Flowers.com. Logicworks specializes in Private, Public and Hybrid Cloud Solutions for SaaS, Media, eCommerce, Mobile, Healthcare, and Financial services companies. Logicworks also offers a full suite of Compliance Solutions and Managed Database Services.

About Digital Realty

Digital Realty Trust, Inc. focuses on delivering customer driven data center solutions by providing secure, reliable and cost effective facilities that meet each customer's unique data center needs. Digital Realty'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's 110 properties, excluding three properties held as investments in unconsolidated joint ventures, comprise approximately 21.2 million square feet as of October 26, 2012, including 2.2 million square feet of space held for redevelopment. Digital Realty's portfolio is located in 32 markets throughout Europe, North America, Asia and Australia.

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Source: Digital Realty

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