Digital Realty Trust Pays $123M for Dallas Office Park

Digital Realty Trust Inc. (NYSE: DLR) picked up 819,000 square feet at an operating data center and office campus in Lewisville, TX, for $ 123 million or $ 129 per square foot. Brookfield Real Estate Opportunity Fund I sold Convergence Office Center, which is about 40 minutes north of Dallas. It was approximately 95 percent leased.

The deal included 40 acres of undeveloped land. The fund, managed by Brookfield Asset Management, kept a 12-acre parcel…
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