QTS Enters the Dallas-Fort Worth Data Center Market
One of the Fastest Growing Data Center Providers Will Have a Presence in the
Fourth Largest U.S. Market
OVERLAND PARK, Kan., Feb. 14, 2013 (GLOBE NEWSWIRE) -- via PRWEB - QTS
(Quality Technology Services) announced today that it has purchased a former
semiconductor plant with plans to transform the facility into a
state-of-the-art data center. This acquisition aligns with QTS' development
strategy to obtain and revitalize large, scalable properties in high-demand
and growing data center markets to provide custom data center, colocation and
cloud solutions. Financial terms of the deal were not disclosed.
The Dallas facility sits on a 40-acre campus in the Irving/Las Colinas area.
This 700,000 square foot facility follows QTS' continued focus on mega data
centers, with the ability to double the footprint on the existing campus to
over 1.4 million square feet. The campus is powered by an on-site 140MW
dual-fed substation. In addition, the facility's diverse fiber network
connections will allow QTS to provide carrier-neutral connectivity with
maximum flexibility, providing customer access to the area's numerous network
"We conducted an extensive search when looking for the next site to add to our
nationwide portfolio of data centers. This facility provides the scale and
flexibility to support our '3C's' product offerings of Custom data centers,
Colocation and Cloud based services," said Chad Williams, chief executive
officer – QTS. "Our entry into this market is a further commitment to our
development strategy and will position us for future growth."
The addition of the Dallas facility augments QTS' presence in some of the
nation's top data center markets including Atlanta, Ga., Richmond, Va., and
Northern California. Similar to the mega data center developments of QTS'
Atlanta and Richmond locations, the Dallas site will be brought online in
phases, with enterprise tenants moving in as early as Q1, 2014. Dallas will be
the second new market that QTS has entered in recent months, following its
recent acquisition of Herakles in Sacramento, California.
QTS was represented by Jones Lang LaSalle Incorporated. The seller was
represented by ATREG, Inc. in coordination with Citadel Partners.
QTS (Quality Technology Services) is a leading national provider of data
center solutions and fully managed services for enterprise businesses. The
company offers a complete, unique portfolio of core data center products,
including custom data center, colocation and cloud-based solutions, providing
the flexibility, scale and security needed to support the rapidly evolving
infrastructure demands of web and IT applications. QTS owns, operates and
manages over 3 million square feet of secure, state-of-the-art data center
infrastructure and supports more than 800 customers. For more information
about QTS, please visit http://www.qualitytech.com or call toll-free
877.QTS.DATA or follow us on Twitter @DataCenters_QTS.
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CONTACT: Quality Technology Services
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