QTS Buys Central NJ Colo, Solar Farm

July 3rd, 2014 by · Leave a Comment

In a bit of data center M&A today as we head into the long July 4 weekend, QTS has bought itself a second data center in New Jersey. And along with the $75M purchase comes a rather unique item: a 50 acre, 14.1MW solar farm.

qts-njThe location is in East Windsor and had belonged to McGraw Hill Financial, who will stay on as a tenant. One of its other key tenants will be French-based Atos, with whom QTS has also signed a 10 year lease with a 15 year extension option.

The facility and solar farm together cover some 194 acres of land, 560K square feet of space, 58,000 square feet of raised floor, and 12MW of power. There is expansion room for another 100K square feet and 20MW of power.

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Categories: Datacenter · Mergers and Acquisitions

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