Nov 04, 2019 | Posted by Eric Advinci
QTS is expanding its Atlanta-Metro data center campus. The expansion will include the development of a new data center totaling more than 250,000 square feet of leasable capacity and 72 critical megawatts of incremental power capacity, adjacent to QTS’ existing mega data center. The Company expects to deliver the first phase of the new development in mid-2020.
Subsequent to the end of the third quarter 2019, QTS was pleased to sign a 12 megawatt lease with an existing strategic hyperscale customer, that will anchor the new Atlanta site. The initial tranche of this customer’s commitment will commence upon the official opening of the facility in mid-2020. The significant pre-leasing in the new development is consistent with QTS’ de-risked approach to development and capital allocation.
