DuPont Fabros Technology, Inc. Announces Public Offering of Common Stock
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March 18, 2016 7:01 AM EDT
DuPont Fabros Technology, Inc. (NYSE: DFT) announced it has priced an underwritten public offering of 6,620,000 shares of common stock at a public offering price of $37.75 per share, for gross proceeds of $249.9 million. The Company also granted the underwriters of the offering a 30-day option... More
March 17, 2016 4:06 PM EDT
DuPont Fabros Technology, Inc. (NYSE: DFT) announced today that, since January 1, 2016, it has executed pre-leases and lease expansions comprised of 27.11 megawatts (MW) of available critical load and approximately 126,000 computer room square feet (CRSF). The weighted average lease term of these leases is 14.8 years with average GAAP base rent of $102 per kilowatt per month, which is an increase of 1% over 2015s average GAAP base rent. These leases were signed with existing super wholesale and wholesale customers of DFT. Below is a summary of the leases executed quarter to date.
One pre-lease of the...
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