in ,

QTS Kicks Off Construction of Ashburn, VA Data Center Campus

QTS Kicks Off Construction of Ashburn, VA Data Center Campus - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

QTS Kicks Off Construction of Ashburn, VA Data Center Campus - top government contractors - best government contracting eventQTS Realty Trust has begun to build a 52-acre data center campus in Ashburn, Virginia, in a push to grow the company’s Tier 1 data center offerings.

QTS said Tuesday it bought a 24-acre land parcel and a 28-acre lot for $53 million in total to establish the mega facility.

The company expects the new site to support approximately 700,000 square feet of raised floor capacity and 140 megawatts of gross power.

QTS has started construction on the 24-acre property and plans to deliver four megawatts of capacity in mid-2018 as part of the project’s first phase.

An unnamed global health insurance provider signed a pre-lease agreement with QTS for 2.2 megawatts of the Phase 1 development capacity.

QTS is in talks with other potential customers and expects to enter additional pre-lease commitments before the Phase 1 development is complete.

The company also acquired 84 acres of land in Phoenix, Arizona for $25 million and 92 acres of land in Hillsboro, Oregon worth $26 million, with plans to finalize pre-construction work in the coming months.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Ramona Adams

Raytheon-Forcepoint-NCSA Survey: Millennials’ Cyber Career Interest Remains Unchanged; Dave Wajsgras Comments - top government contractors - best government contracting event
Raytheon-Forcepoint-NCSA Survey: Millennials’ Cyber Career Interest Remains Unchanged; Dave Wajsgras Comments
UP Aerospace-Cesaroni Aerospace Team Launches Motor Manufacturing and Test Facility in New Mexico - top government contractors - best government contracting event
UP Aerospace-Cesaroni Aerospace Team Launches Motor Manufacturing and Test Facility in New Mexico