QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs.The refinancing is gi...

QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking eve...

Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver t...

QTS Data Centers has refrained from requesting $45 million in tax incentives for its massive data center project near the Westside Trail of the Atlanta BeltLine. According to the Atlanta Business Chronicle, QTS halted its request for incentives for a $1.3 billion proposal involving two data ce...

Direct Line Global has announced that it has signed the lease for a 17,040-square-foot research and development space within Ashburn Crossing, an 80-acre business park in Ashburn, Virginia. Through this move, the company has tripled its presence in the area. Speaking about this expansion, Vern...