QTS Chicago News

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...

Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through.The company was reportedly set to acquire the property nor...

QTS may use a Diode Ventures data center in Kansas City, Missouri. In October, Diode signed two non-exclusive fiber easement with QTS Realty Trust Inc. to develop and maintain data transmission infrastructure at the site northeast of I-435 and Highway 169, according to BizJournal. Last year, B...

QTS has announced that it has connected its Groningen data center to the Dutch city's new district heating project. The heating project has been built by local utility WarmteStad, which is projected to produce heat for more than 10,000 households, buildings, and knowledge institutions by 2026...

QTS is looking to expand its data center footprint in Prince William County, Northern Virginia. The company previously acquired a property at 10680 University Boulevard in 2018 for $5 million. The property is adjacent to its existing data center in Prince William County. The property was zoned...

QTS is expanding in Texas, with the addition of a new building to its Irving data center campus. The facility, namely DC5, is located at 6300 Longhorn Drive, and will see an investment of $180 million.According to the company, the facility, which will span 337,190 sq ft, is projected to be co...

QTS recently published its annual ESG report, in which it highlighted its sustainability achievements and the different projects and initiatives it's pursuing in order to expand its commitment to social and environmental responsibility. This follows the company being named as one of America's ...

QTS Realty Trust has acquired up to 400 acres of land in Phoenix, Arizona, for $255 million. The data center REIT also acquired land in the Netherlands for $9 million. QTS acquired the Phoenix property from First Industrial Realty Trust Inc. and Merit Partners Inc. QTS currently operates a fac...

QTS is partnering up with AWS to decentralize network exchanges, expanding its connectivity ecosystem. Atlanta has been announced as one of the three QTS locations to include this AWS network infrastructure (the other locations in the “multi-megawatt agreement,” are Chicago and New Jersey).Sp...

The IPCC'S most recent report on climate change has once again warned that our ecosystem is at a crisis point, and without significant and real action, the situation will only worsen. Coinciding with the release of the IPCC report, QTS and Sabey announced they have joined the DOE's Better Clim...

In Northern Virginia, tensions are running high as locals continue to express their opposition to QTS’s proposals for a new data center campus in Prince William County. Although previously locals cited a number of reasons for opposition, including environmental concerns and a desire to preserv...

QTS has revealed its plans to develop a data center on an 800-acre site in Prince William County, Virginia. The company’s plans are part of the controversial move by the county to rezone over 2,100 acres of land in Manassas, Northern Virginia, for developing data centers. A spokesperson for QT...

The shareholders of QTS Realty Trust have finally approved the Company’s acquisition by Blackstone. The deal is expected to be close before the end of August. The two companies first agreed on a deal in June. However, there was a 40-day period in which QTS was given to look for alternative off...

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see which ...

Blackstone Group Inc has reportedly entered into an agreement to purchase QTS Realty Trust Inc for a total of $6.7 billion.According to the WSJ, the group's infrastructure unit, Blackstone Infrastructure Partners, with BREIT, its non-traded real-estate investment trust, has agreed to pay $78 a...

QTS Realty Trust has announced its new Smart Family of data center remote management solutions. The Smart Family solution is built on advanced tech, including artificial intelligence, machine learning, and preemptive understanding into customers’ colocation environment.QTS Smart family solutio...