Data center operator Quality Technology Services announced on Thursday it has acquired a 700,000 square foot semiconductor plant in Dallas, with plans to transform the facility into a data center.
The financial terms of the deal were not disclosed in the press release.
This marks the second acquisition for Quality Technology Services this year, following its purchase of colocation provider Herakles Data Center in Sacramento.
The data center will further expands QTS’ presence in some of the country’s top data center markets including Atlanta, Richmond, Virginia, and Northern California.
Similar to its mega data center builds in Atlanta and Richmond, the Dallas site will be brought online in phases, with enterprise tenants moving in as early as Q1, 2014.
The Dallas facility is part of QTS’ expansion 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,” according to the press release.
Located on a 40-acre campus in the Irving/Las Colinas area, the data center has 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, while its diverse fiber network connections will allow QTS to provide carrier-neutral connectivity so that its customer have access to the area’s network providers.
“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, CEO at QTS. “Our entry into this market is a further commitment to our development strategy and will position us for future growth.”
QTS was represented by Jones Lang LaSalle, while the seller was represented by ATREG in coordination with Citadel Partners.
Talk back: Do you think this is a good strategic acquisition for Quality Technology Services? Are you currently offering data center space in the Dallas area? Let us know in the comments.