QTS has become the latest data centre provider to expand its footprint in the Dallas region, Texas, through the acquisition of a $50m facility.
The company has purchased a 53-acre data centre campus in Fort Worth from health insurance provider Health Care Service Corporation.
The data centre currently measures 260,000 sqf and counts with 40,000 sqf of raised floor and an IT load of 8MW. The already built shell allows the facility’s raised flooring to be doubled in space as demand increases.
However, QTS’ acquisition comes with adjacent land space that would allow the campus to be expanded to up to 300,000 sqf of raised flooring and 60MW of power.
The facility, which already has 12 carriers, is QTS’ second data centre in the broader Dallas-Fort Worth-Irving market and is to be used by Fortune 1000 enterprises as well as regional financial services, healthcare and technology companies.
The Health Care Service Corporation is to remain as an anchor tenant with 1MW of leased power.
QTS has financed this transaction through its revolving credit facility.
Chad Williams, chairman and CEO of QTS, said: “Our success in one of the nation’s largest Tier 1 markets is a testament to the value our customers are seeing in our fully integrated platform.
“We are excited about our ability to quickly expand and meet the growing needs of current and new customers in another state-of-the-art facility.
“QTS’ commitment to developing fully-integrated solutions is helping to unlock insource to outsource opportunities with enterprises who need to increase data centre efficiency and performance without compromising security or compliance.”
QTS opened its first data centre in the Dallas-Irving market in late 2014 and continued build it out to be a 700,000 gross sqf data centre.
The now acquired HCSC facility is located 20 miles from the first data centre in the region located in Irving, also in Texas.
Date: January 31, 2017