QTS Acquires DuPont Fabros’ 360,000 Square Foot New Jersey Data Center Campus for $125 Million

QTS, an international provider of data center, managed hosting and cloud services, has purchased a 360,000 square foot data center from DuPont Fabros Technology in Piscataway, New Jersey. The facility becomes QTS’ third New Jersey data center, and strengthens its ability to serve Fortune 1000 enterprises, and companies in financial services, healthcare and technology in the Northeast.

QTS purchased the existing 18 Megawatt data center campus for approximately $125 million and will plan to add an additional 8 Megawatts over the next few years. The connectivity-rich facility is carrier neutral with 18 carriers available on-site, and serves as a Point-of-Presence (PoP) for the Amsterdam Internet Exchange (AMS-IX).

The facility will be developed to support a wide range of power redundancy from N to 2N. The data center campus has solar panels that produce 2 Megawatts of power, which aligns with QTS‘ sustainability approach. The property also features an onsite 112kVA substation.

qts data center new jersey
QTS purchased the existing 18 Megawatt data center campus for approximately $125M and will plan to add an additional 8 Megawatts over the next few years.

“Acquiring a strategically located facility at a competitive price aligns with our long-term growth strategy and has clear benefits for our customers and shareholders,” said Chad Williams, Chairman and CEO of QTS. “We are confident that our flexible, scalable integrated services platform will continue to meet the needs of one of the nation’s largest Tier 1 markets.”

New York City

The LEED Gold certified data center sits on a 38-acre campus in close proximity to New York City’s global financial and business districts. The current data center facility has built-out capacity representing approximately 18 critical Megawatts, and 88,000 square feet of raised floor data center space. QTS plans to strategically redevelop portions of the facility to expand its total raised floor capacity to 176,000 square feet and over 26 megawatts of critical power.

The facility’s current customers consist of a major pharmaceutical company, a large media company and several financial services organizations. Ongoing customers occupy approximately 56,000 square feet and 8.4 Megawatts of the total available critical power, leaving room for both new customers and an immediate expansion of services.

While the acquired data center was previously marketed exclusively to wholesale customers, QTS Realty Trust plans to utilize its fully integrated technology services 3C platform of custom data centers, colocation and cloud and managed services.