Is Digital Realty (DLR) the Best Data Center Stock to Buy and Hold for the Next Decade?

On June 30, 2026, Digital Realty Trust, Inc. (NYSE:DLR) and Blackstone (BX) announced that Digital Realty agreed to acquisition from Blackstone-affiliated funds a involvement successful 3 afloat leased Northern Virginia information centers with 288 megawatts of full IT capacity. The assets were valued astatine $7.8B, reflecting an expected archetypal stabilized capitalization complaint of implicit 6.5%. Digital Realty volition wage Blackstone $3.5B for its blended 64% equity interest, consisting of $1.2B of currency and $2.3B successful Digital Realty shares, based connected the company's past reported merchantability terms connected the New York Stock Exchange connected June 29.

The portfolio includes 2 information centers successful Manassas and 1 connected the Digital Dulles field successful Sterling, each with 96 megawatts of IT capableness and 100% leased to 3 chiseled investment-grade hyperscale customers. The acquisition is expected to beryllium completed connected June 30, taxable to customary closing conditions, with 2 information centers expected to stabilize successful the archetypal fractional of 2027 and the 3rd successful the archetypal fractional of 2028.

On July 1, Barclays raised the firm's terms people connected Digital Realty to $197 from $189 and kept an Equal Weight standing connected the shares. Barclays raised targets successful the communications infrastructure existent property concern spot group, citing higher maturation expectations than antecedently modeled, arsenic companies payment from ongoing hyperscale request and accelerating endeavor AI demand.

Digital Realty Trust, Inc. (NYSE:DLR) provides information center, colocation, and interconnection solutions.

While we admit the imaginable of DLR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey connected Google News.