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

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

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

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

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

Land in Fayetteville, Georgia Annexed & Rezoned For Data Center Development

Despite protests from residents of Fayette County, Georgia, county officials have voted to annex and rezone over 400 acres of land for the development of a data center office park. The council voted 5-0 to see the land located on Tyrone Road rezoned for data center development. The rezoning wi...

July 01, 2022

Georgia

Fayetteville Georgia Looking To Annex Land For a $1 billion Data Center

Fayette County is looking to annex 412 acres of land for a $1 billion data center project in Fayetteville. The city council will meet before the week runs out to discuss annexing this land for a data center campus that can span 1.5 million square feet with 250MW of capacity. In recent years, d...

April 20, 2022

Georgia

QTS partners with AWS

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...

March 25, 2022

QTS Data Centers

Georgia Wants To Extend its Data Center Tax Exemptions Further

Georgia is looking to extend its tax exemptions for data centers by another five years. Earlier in 2018, the US state introduced the current sales tax exemptions for data centers through HB 696. The bill provides tax exemptions if it meets certain job creation thresholds and investments over a...

March 18, 2022

Georgia

The Better Climate Challenge

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...

March 04, 2022

QTS Data Centers

Protests continue at Manassas

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...

March 02, 2022

QTS Data Centers

QTS Announces Interest in 800-acre Land In Prince William County For Data Center Development

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...

February 10, 2022

QTS Data Centers

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