Digital Realty to Acquire 49 Percent Ownership Interest in Westin Building Exchange in Seattle

SEATTLE — Digital Realty, a global provider of data center, colocation and interconnection solutions, has reached an agreement with Clise Properties to purchase 49 percent ownership interest in the Westin Building Exchange in Seattle. Terms of the transaction were not released.

The Westin Building Exchange serves as an interconnection hub for the Pacific Northwest, linking Canada, Alaska and Asia along the Pacific Rim. The 34-story tower is home to global cloud, content and interconnection providers, housing more than 150 carriers and over 10,000 cross-connects. The property is adjacent to Amazon’s 4.1 million-square-foot urban campus and overlooks Elliott Bay, as well as the downtown Seattle skyline.

The transaction is subject to customary closing conditions and is expected to close in the first half of 2020. Upon closing, Digital Realty will assume management and operational oversight for the facility.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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