Global data center company Digital Realty is relocating its corporate headquarters from San Francisco, California to Austin, Texas.
Digital Realty said that it will maintain a ‘significant presence’ in the San Francisco Bay Area as one of the world’s leading technology hubs.
Digital Realty owns more than 30 data centers across the state of Texas, encompassing more than four million square feet and over 100 megawatts of customer capacity. In addition, nearly 20% of the company’s North American employee base is located in Texas.
“The central location, affordable cost of living, highly educated workforce and supportive business climate have helped make Texas an epicenter for business activity and technology growth,” said Digital Realty Chief Executive Officer A. William Stein.
“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.”
The company plans to lease an office space at 5707 Southwest Parkway in Austin, according to the local media sources.
“We are excited that Digital Realty has chosen Texas as the new home for their corporate headquarters, and I thank them for their expanded investment in the Lone Star State,” said Governor Greg Abbott.
“Digital Realty joins other global technology leaders and more than 50 Fortune 500 companies now headquartered in Texas. We are seeing increasing investments from innovative businesses thanks to our young, growing, and educated workforce, and our pro-growth economic policies that help job-creating businesses to thrive. I thank Digital Realty for strengthening their presence in Texas, and I will continue to promote common-sense policies that create a welcoming business climate and bring even more jobs to the Lone Star State,” he added.