The field of North Texas data center providers is becoming more crowded. Quality Technology Services, based in Overland Park, Kan., has acquired a large former semiconductor plant in Irving with plans to redevelop it into a data center facility.
The 700,000-square-foot building sits on 40 acres; QTS has the ability to double the size of the property to 1.4 million square feet. Officials said the acquisition “follows QTS’ continued focus on mega data centers.” The company’s strategy is to buy and revitalize large facilities in high-demand, growing data center markets.
According to QTS, the campus is powered by an on-site 140MW dual-fed substation and, with diverse fiber network connections, allows the company to provide “carrier-neutral connectivity.” The site will be brought online in phases, QTS said, with initial availability slated for the first quarter of 2014.
Jones Lang LaSalle represented QTS in its acquisition. The seller was represented by ATREG Inc., in coordination with Citadel Partners. Financial terms of the deal were not disclosed.
QTS also has data centers in Atlanta, Richamond, Va., and northern California.
Here’s a statement from Chad Williams, chief executive officer of QTS: “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. Our entry into this market is a further commitment to our development strategy and will position us for future growth.”