October 11, 2022 QTS Data Centers
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...
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July 26, 2022 QTS Data Centers
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...
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July 18, 2022 QTS Data Centers
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...
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April 20, 2022 DC BLOX
DC Blox is going on an expansion spree as it outlines an expansion plan for its Greenville, Birmingham, South Carolina, and Alabama data centers. According to DC Blox, the data center in Greenville will see another data hall added to it. The company’s Birmingham facility will also deploy its...
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March 25, 2022 QTS Data Centers
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)....
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March 04, 2022 QTS Data Centers
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 Climate...
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March 02, 2022 QTS Data Centers
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 preserve...
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February 10, 2022 QTS Data Centers
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 QTS...
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January 21, 2022 Lumen Technologies
Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...
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January 05, 2022 DC BLOX
After breaking ground on its Greenville, South Carolina data center in April 2021, DC Blox has announced its Tier III facility is now open and operational.The facility has an initial 25,000 square foot (2,300 sqm), and when fully built, will span 54,000 sq ft (5,000 sqm). Moreover, it can...
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September 07, 2021 Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...
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August 27, 2021 QTS Data Centers
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...
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August 16, 2021 QTS Data Centers
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...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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June 07, 2021 QTS Data Centers
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...
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June 01, 2021 QTS Data Centers
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 solutions...
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March 30, 2021 DC BLOX
DC BLOX has announced that they have secured $187 million for long-term financing of their operations. The funding was led by Post Road Group and Bain Capital Credit. Kevin O’Donnell, the Chief Financial Officer of DC BLOX, commented that the capital raised would support the growth of the...
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February 18, 2021 DC BLOX Birmingham
DC BLOX is expanding it Birmingham facility again. This time adding 1 megawatt. The expansion is expected to be ready for service by May 2021. ATLANTA – DC BLOX, a provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s...
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October 15, 2020 DC BLOX Birmingham
The Birmingham Business Journal is reporting that DC BLOX has contracted to buy the remaining lot of the former Trinity Steel campus. The site will be built in phases. The first phase which was built in 2019 has 31,000 sqft and 5 megawatts (MW) of customer capacity.As customers are added, the...
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