"Despite the deepening economic downturn, DLR is seeing solid pricing and demand in almost all regions and sectors," Baird Analyst Will Marks said in a client note on Friday. "This is difficult for many to fathom, particularly in light of what happened to the datacenter market during the last downturn and the severity of this global recession in comparison to the last one." In last week's earnings call, Digital Realty CEO Michael Foust said demand has remained solid. "We are seeing our velocity of signings and levels of demand staying pretty steady from what we have seen in the previous quarters," said Foust. "We haven't seen any material change at all to our experience with our prospective customers. It's kind of moving along at relatively the same pace." During the fourth quarter Digital Realty had 276,000 square feet of new lease signings with customers including IBM, Cisco, Cigna Insurance and NTT America.