QTS Revitalizing Chicago Sun Times Building as Key Part of Development Strategy
Data Center Leader Bringing Integrated Platform into Major Market
OVERLAND PARK, Kan., April 16, 2015 /PRNewswire/ -- QTS Realty Trust (NYSE: QTS), one of the nation's largest and fastest-growing providers of data center facilities and cloud services, and a leader in security and compliance, views redevelopment of the former Sun Times press facility, purchased in July 2014, as a strategic component to its national footprint.
QTS is bringing its proven strategy of purchasing underutilized infrastructure-rich properties, in high-demand markets to provide premium data centers to Chicago. The company has successfully redeveloped several brownfield sites including QTS Atlanta-Metro, Dallas-Fort Worth and Richmond, Virginia data centers. Similar to the development of these locations, QTS Chicago will be brought online in phases and include the company's integrated 3C platform of custom data centers, colocation and cloud and managed services.
"Chicago is a destination of choice for outsourced IT services, particularly for large-scale enterprises with complex IT infrastructure and business requirements," said Dan Bennewitz, Chief Operating Officer – Sales and Marketing - QTS. "We look forward to revitalizing this property and deploying our industry-leading solutions in this growing market."
The site sits adjacent to Chicago's high-demand downtown corridor, a strategic location that will allow QTS to serve the region's dispersed business community, including the financial services, healthcare, technology and consumer packaged goods industries. Chicago has long been a business hub and is a center of high performance, next-generation technology service providers, due to its vast fiber network infrastructure, reliable and abundant energy, and business-friendly environment.
QTS will provide much-needed capacity for enterprise organizations seeking colocation in downtown Chicago. Development of the site includes approximately 215,000 square feet of raised floor capacity and 37 MW of power. In addition, further expansion can take place on the property's 30 acres. Located just minutes away from the major carrier hotel 350 East Cermak, the facility will offer robust connectivity including direct access to long haul fiber networks, making it the ideal solution for latency sensitive applications.
About QTS
QTS Realty Trust, Inc. (NYSE: QTS) is a leading national provider of data center solutions and fully managed services and a leader in security and compliance. The company offers a complete, unique portfolio of core data center products, including custom data center (C1), colocation (C2) and cloud and managed services (C3), providing the flexibility, scale and security needed to support the rapidly evolving hybrid infrastructure demands of web and IT applications. With 12 data centers in eight states, QTS owns, operates and manages approximately 4.7 million square feet of secure, state-of-the-art data center infrastructure and supports more than 850 customers. QTS' Critical Facility Management (CFM) can provide increased efficiency and greater performance for third-party data center owners and operators. For more information about QTS, please visit www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow us on Twitter @DataCenters_QTS.
Contact:
Marlena Reed
communications 21 for QTS
404.814.1330
[email protected]
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SOURCE QTS Realty Trust, Inc.
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