Digital Realty Turn-Key Space Benefits Savvis

Were you wondering how Savvis Inc. (SVVS) could announce a new data center today and plan to have it open before the end of the year? With most new data center projects taking at least 18 months, that's an extraordinarily quick time to market.

Savvis is the latest beneficiary of the Turn-Key Data Center program offered by Digital Realty Trust (DLR), which announced late today that it has leased space to SAVVIS for its new data center facilities in Boston and Chicago. The Turn-Key program offers finished data center space to tenants, allowing them to move in and quickly bring a facility online. Digital Realty has built out more than 330,000 square feet of raised floor technical space in 10 cities. The program was announced in 2006 when Digital indicated that tenants were seeking finished raised-floor data center space rather than unfinished "shell" space.

The Boston facility leased by Savvis is a 66,000 square feet property with 40,000 square feet of Turn-Key space and partially built-out raised floor space. The Turn-Key lease for the new facility in Chicago totals approximately 20,000 square feet of raised floor.

"SAVVIS continues to be a very good customer for us, and these leases are a strong indication of the ongoing demand for our move-in ready Turn-Key Datacenter space," said Chris Crosby, Senior Vice President of Digital Realty Trust. "We are pleased to be able to support the growth of their business by continuing to provide them with flexible real estate solutions."

In August Digital Realty has announced it had leased Turn-Key space to Net2Ez in Los Angeles (15,000 square feet), Cogent (CCOI) in Charlotte, and a lease with British Telecom at an undisclosed site.