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Digital Realty Opts for Austin HQ in Move from Bay Area
Data center owner-operator Digital Realty, the nation’s fifth-largest public REIT with a market cap of $37.4 billion, said Thursday it would relocate its corporate headquarters from San Francisco to Austin.
The company, which has had a significant presence in Texas since 2002, is the latest in a series of Bay Area tech firms to relocate to the Lone Star State.
“As we continue to make strategic investments to best position Digital Realty for long-term growth, we are confident our expansion in Texas will help us meet the needs of our more than 4,000 global customers, while continuing to deliver value for our stakeholders, employees and the communities we serve around the world,” said Digital Realty CEO A. William Stein.
The company said it would continue to maintain a significant presence in the Bay Area as one of the world’s leading technology hubs.
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