Digital Realty, a US operator, has purchased a 1920s office building in Charlotte, North Carolina, for $9.5 million and plans to demolish it to make way for a new data center. The property, known as the Court Arcade building (725 E. Trade St.), was acquired from Shamrock Management Corp. earlier in 2025.
This acquisition is part of a larger $16 million land purchase of two adjacent parcels, located next to Digital Realty's existing Charlotte facility. Digital Trade Street 2, an affiliate of Digital Realty, intends to construct a four-story data center on the site, though a development timeline has not yet been announced.
Built in the 1920s, the Court Arcade building is a two-story, 18,575-square-foot office structure located in uptown Charlotte's First Ward. Historically, it was designed to house attorneys needing easy access to the nearby Mecklenburg County Courthouse, and it currently serves as home to several law firms and the headquarters for the Mecklenburg County Democratic Party. Shamrock Management Corp. had owned the building since March 1997, when they acquired it for just over $1 million, before selling it to Digital Realty for $9.5 million as part of the total $16 million land acquisition. Digital Realty plans to demolish this structure to build a four-story data center adjacent to its existing facility.
| Distance | Site | About |
|---|---|---|
| 0.02 miles | 731 East Trade - Digital Realty | |
| 0.04 miles | CENTRA: 701 E Trade |
Deep Edge Realty Charlotte is centrally located at the fiber nexus of Charlotte, near the Spectrum Center and AT&T's central office.
|
| 0.04 miles | Digital Realty: CLT10 |
A 29,200 square feet purpose-built facility at 113 North Myers Street in North Carolina
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| 0.05 miles | Lumen Charlotte 2 | |
| 0.06 miles | TierPoint North Myers CL2 |
TierPoint’s Charlotte-North Myers facility is one of seven interconnected facilities in North Carolina providing Disaster Recovery as a Service (DRaaS), cloud services, managed services and more.
|
| 0.22 miles | 5CDC: Charlotte, NC |
5C Group is developing a data center in Charlotte, North Carolina, with an ambitious plan to scale its capacity up to 1.6 gigawatts (GW) when fully built out.
|
| 0.66 miles | Lumen Charlotte 3 | |
| 0.79 miles | Spectrum Networks: Charlotte |
|
| 4.80 miles | Lumen Charlotte 4 | |
| 4.80 miles | Charlotte Colocation Center |
|
| 5.67 miles | Altos Charlotte NC |
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| 5.85 miles | NaviSite Charlotte | |
| 5.85 miles | Tier.Net Charlotte |
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| 5.97 miles | Lumen Charlotte 1 | |
| 5.98 miles | TierPoint Charlotte: Rose Lake |
This facility is audited under SSAE 18 SOC 2 Type II, PCI-DSS*, GLBA and HIPAA standards annually and is ITAR and EU-US Privacy Shield registered.
|
| 6.08 miles | First Data Charlotte | |
| 6.08 miles | Lumos Charlotte (DC74 CLT4) |
Lumos acquired the site when the company acquired DC74 Data Centers in February of 2017. The facility is located a couple of miles from the Charlotte Douglas International Airport
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| 6.08 miles | Segra: 3101 International Airport |
The site is a former XO Communications facility
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| 6.17 miles | TierPoint Charlotte 4 |
• 2N power design
• Each customer cabinet served by redundant A-Side/B-Side power feeds |
| 6.17 miles | ScaleMatrix Charlotte | |
| 6.17 miles | Caronet 1960 Cross Beam | |
| 6.18 miles | Mapletree: 1805 Center Park | |
| 7.07 miles | Spectrum Charlotte National Data Center |
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| 8.24 miles | Flexential Charlotte 1, 2, 3 |
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| 8.30 miles | LightHouse: CLT02 | |
| 8.48 miles | H5 Charlotte |
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| 8.48 miles | Flexential Charlotte 4 |
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| 9.42 miles | Digital Realty: Moores Chapel Building 1 |
Building 1 is the first of two two-story data center buildings on Digital Realty's Moores Chapel campus in west Charlotte. An AA-rated hyperscaler leased it for AI inference in early 2026, and construction started that year.
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| 9.42 miles | Digital Realty: Moores Chapel Building 2 |
Building 2 is the second of two planned two-story data center buildings on Digital Realty's Moores Chapel campus in west Charlotte, North Carolina.
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| 10.14 miles | PowerHouse: Charlotte, NC |
PowerHouse Data Center Charlotte, NC, is located close to a Duke Energy substation and could see up to 2.5 million sq ft (232,260 sqm) of data center space developed.
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| 10.35 miles | TAC: Belmont Expansion | |
| 10.63 miles | TAC: Belmont 1 |
Phase 1 of TAC I HS, TAC Data Centers' planned hyperscale campus on the Henry Chapel tract in Belmont, North Carolina, west of Charlotte.
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| 11.23 miles | Project Accelerate |
The rezoning application for 'Project Accelerate,' a proposed data center in Matthews, North Carolina, has been withdrawn.
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| 19.76 miles | QTS: CLT1 DC2 |
This facility is part of QTS's York County campus in South Carolina.
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| 19.85 miles | QTS: CLT1 DC3 |
This facility is part of QTS's York County campus in South Carolina.
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| 19.85 miles | QTS: CLT1 DC1 |
QTS Data Centers is developing a nine-building hyperscale campus on roughly 400 acres near Hands Mill Highway and Campbell Road in the Clover area of York County, north of Rock Hill and just south of Lake Wylie.
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Digital Realty Trust is a data center public REIT that owns and operates facilities in the United States and Europe. The company provides colocation and interconnection services and develops large multi‑tenant data centers for enterprise and cloud customers.
Its European platform expanded through the combination with Interxion, and through the purchase of European sites divested by Equinix following Equinix’s acquisition of TelecityGroup. The Telx acquisition added a U.S. interconnection and colocation business to Digital Realty’s portfolio.
Digital Realty Trust History:
November 05, 2026 NEXTDC
Goodman Group and Digital Realty moved to buy up to 9.9% of Australian operator NEXTDC at a 45.5% premium to the previous close. The buyers offered A$9.50 a share through an aftermarket bookbuild, a purchase Reuters valued at about A$715 million (US$501 million) after reviewing the term sheet....
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October 17, 2026 Digital Realty Trust
Digital Realty wants to build its first Indiana data centers in Kokomo, proposing a three-building campus with roughly 1GW of IT capacity on 476 acres of greenfield land. The global REIT published a project page for the development after city officials confirmed its interest earlier this month,...
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October 16, 2026 Digital Realty Trust
Digital Realty is proposing a three-building data center campus on about 476 acres at Industrial Park North in Kokomo, Indiana, with a site plan that calls for roughly 1GW of IT capacity and completion in 2033. The company published the details on its Kokomo project page, and Kokomo Mayor Tyler...
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October 15, 2026 Digital Realty Trust
Digital Realty has topped out ICN11, its second data center in Seoul, South Korea. The facility is expected to become operational in the second half of 2027. “The topping out isn't just a construction milestone; it's a powerful symbol of what happens when incredible teams come together to...
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October 10, 2026 Digital Realty Trust
Digital Realty has begun construction of KIX15, a 24-megawatt data center at its KIX Campus in Ibaraki City, Osaka Prefecture, Japan, the company announced on Oct. 7. The facility is being developed by MC Digital Realty, the operator's 50/50 joint venture with Mitsubishi Corporation, and is...
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Mar 12, 2026 Eric Bell World
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Jan 15, 2026 Eric Bell Applied Digital
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Jan 05, 2026 Eric Bell Dallas
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Sep 04, 2025 Eric Bell Texas
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