Data Center News

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its ...

August 01, 2023

QTS Data Centers

QTS acquires 400 acres in South Carolina's York County

A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2 m...

July 27, 2023

QTS Data Centers

QTS Realty Secures a $800m Data Center Refinancing Contract

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...

May 25, 2023

QTS Data Centers

QTS begins work on Phoenix data center

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...

May 18, 2023

QTS Data Centers

Novva Data Centers announces New facility in Tahoe-Reno region

Novva Data Centers has announced a new data center in Storey County. Set to go live in late 2024, the facility will span 300,000 sqft on a 20 acre-campus and offering 60 MW of capacity. The data center will have a total of six 10MW data halls and accommodate high-density deployments with hot a...

May 08, 2023

Novva Data Centers

QTS reveals latest plans for campus in Prince William County's Digital Gateway

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...

May 03, 2023

QTS Data Centers

QTS Data Centers Suspends its Request For $45 million in Tax Benefits at its Atlanta Location

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...

April 27, 2023

QTS Data Centers

OpsRamp to be Bought by Hewlett Packard Enterprise

OpsRamp, a provider of IT operations management services, will be acquired by Hewlett Packard Enterprise (HPE), the company has announced. OpsRamp, situated in San Jose, California, controls, automates, and monitors IT infrastructure. Due to the purchase, the IT operations management business ...

March 21, 2023

Hewlett-Packard

QTS plans for Northland data center in question

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...

February 24, 2023

QTS Data Centers

Reports Suggest QTS Will Join Diode's Kansas City Data Center Facility

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...

February 09, 2023

QTS Data Centers

QTS' Groningen data center connects to the Dutch city's new district heating project

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...

December 22, 2022

QTS Data Centers

QTS Looking To Expand in Prince William County

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...

December 07, 2022

QTS Data Centers

T5 begins work on the last phase of its Chicago facility

T5 Data Centers has announced that it’s expanding its facility in Chicago, Illinois, in the final 20MW phase of its T5 Chicago facility at 200 Innovation Drive in Elk Grove. Acquired by T5 in 2016, the company first broke ground on an expansion back in 2017; its current expansion offers 140,0...

November 10, 2022

T5 Data Centers

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

November 07, 2022

Lumen Technologies

QTS expands further in Texas

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...

October 11, 2022

QTS Data Centers

Novva Data Centers' new data center in North Las Vegas includes water-free cooling and renewable energy

Novva Data Centers has announced plans for a new 275,000 square foot, 100MW data center based in North Las Vegas, Nevada. The facility will be located on a 20-acre campus with an injection of $400 million and will reportedly be built with sustainability in mind. Renewable energy will be sourc...

September 14, 2022

Novva Data Centers

California's grid constraints sees Verizon turn to backup energy

Records have been broken in Sacramento, California, as temperatures hit 116F (46.7C) this week. In response, as reported by Baxtel earlier this week, the California Independent System Operator (ISO) – the overseer of the State's electricity generation, issued a Flex Alert, requesting energy us...

September 08, 2022

Verizon Wireless

QTS releases annual ESG report renewing commitment to sustainability and social responsibility

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 ...

July 26, 2022

QTS Data Centers

QTS Buys Properties in Phoenix and The Netherlands

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 ...

July 18, 2022

QTS Data Centers

FedEx Plans To Shutdown Its Data Centers

FedEx announced that it would close all its data centers while retiring its mainframes within the next two years. The CIO of FedEx, Rob Carter, said the company is gunning for a zero mainframe and zero data center environment based in the cloud. According to Carter, the development will sav...

July 01, 2022

FedEx

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