DIGITAL REALTY ACQUIRES $16.8M REDEVELOPMENT SITE
TOTOWA, N.J. — Digital Realty Trust has acquired 701 Union Blvd. in Totowa, a 271,000-square-foot redevelopment property, 20 miles west of the George Washington Bridge, for $16.8 million. Digital Realty plans to redevelop the existing building into a data center. In future phases, the company plans to construct an onsite substation to support the development of additional data center capacity at the site.