Digital Realty to buy Blackstone's stake in 3 Virginia data centers
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Digital Realty Announces Purchase of Blackstone Interest in Three Northern Virginia Data Centers
June 29, 2026 4:04 PM EDTAUSTIN, Texas and NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the worlds largest cloud- and carrier-neutral data center platform, and Blackstone Inc. (NYSE: BX) today announced that Digital Realty has agreed to purchase from Blackstone-affiliated funds managed by Real Estate, Infrastructure and Tactical Opportunities (Blackstone) a stake in three fully leased data centers containing 288 megawatts of total IT capacity in Northern Virginia at a gross value of $7.8 billion, reflecting an expected initial stabilized capitalization rate of over 6.5%. Total consideration paid to Blackstone for their... More
