Digital Realty falls 4% after taking $3.5 billion stake in Blackstone's Virginia data centers

A Digital Realty data center in Sterling, Virginia, US, on Sunday, May 31, 2026. Lexi Critchett | Bloomberg | Getty Images Digital Realty fell in premarket trading after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone on Tuesday. The Austin-based global data center firm will pay $1.2 billion in cash and $2.3 billion in shares for data centers in Northern Virginia, valued at $7.8 billion. The transaction is expected to be completed on Tuesday. Digital Realty will purchase Blackstone's 80% interest in two 96-megawatt data centers in Manassas, Virginia, and a 50% interest in one 96-megawatt data center in Sterling, Virginia. It was last trading down 3.7% before the market opened. Stock Chart Icon Stock chart icon Digital Realty shares over the past year. This is a breaking news story. Please refresh for updates.