DEPLOYDatabase

Company

QTS Data Centers

QTS Data Centers is a hyperscale-focused colocation operator headquartered in the Washington, D.C.

Founded
2003
Status
Subsidiary

Employees

612

Overview

QTS Data Centers is a hyperscale-focused colocation operator headquartered in the Washington, D.C. metro area and wholly owned by Blackstone since 2021, when the private equity firm's infrastructure arm and BREIT took the former NYSE-listed REIT private for roughly $10 billion. Founded in 2003 by Chad Williams in Overland Park, Kansas, QTS grew from a single Atlanta facility into one of the largest wholesale data center operators in North America, and Blackstone's ownership has accelerated a build-out aimed almost entirely at hyperscale cloud and AI training workloads.

The company operates roughly 28 campuses across the United States, the Netherlands, and the United Kingdom, with flagship deployments in Northern Virginia, Dallas/Fort Worth, Atlanta, Hillsboro, Denver, and Manassas. Marquee sites include the Atlanta megacampus (about 278 MW on 99 acres) and Richmond (240 MW+), and the pipeline of announced expansions across Virginia, Phoenix, and Europe has made QTS one of the fastest-growing platforms in the sector under Blackstone's capital.

Longtime CEO and founder Chad Williams stepped back in April 2025, and QTS is now run by co-CEOs Tag Greason (previously chief growth officer) and David Robey (previously COO), with Jeff Berson as CFO. The customer base is concentrated in the largest cloud and AI hyperscalers, and the company markets itself primarily on speed of delivery and scale rather than retail colocation.

Verified record

Verified deployments
None on file
Active incidents
None on file

Valuation of record

Company-claimed
$10B (reported, approximate)as of Aug 2021

AcquisitionAcquired by Blackstone

See the full valuations ranking →

Key facts

Portfolio footprint

~28 data center campuses across the US, Netherlands, and United Kingdom

Largest facility

Atlanta 1 megacampus, 99 acres, 278 MW+ operational capacity

Other flagship sites

Richmond 1 (240 MW+), Denver (160 MW+), plus major Ashburn, Manassas, Irving, and Hillsboro campuses

Co-CEOs (since April 2025)

Tag Greason and David Robey; founder Chad Williams stepped down after 20+ years

Founding

Founded 2003 by Chad Williams in Overland Park, Kansas.

Public listing history

IPO on NYSE October 2013 (ticker QTS); delisted at Blackstone close August 2021

Customer profile

Wholesale and hyperscale focus on the largest cloud and AI operators; carrier-neutral colocation at legacy sites.

Parent company

Blackstone (Blackstone Infrastructure Partners and BREIT) since Aug 2021.

Data & sources

Web sources

5

5 sources backing this record.View all →

Partnerships

Every company QTS Data Centers has built with, alongside the ones only announced in a press release.

9 total8 operating

Most-frequent partners

  1. 1AWS4× joint28 total
  2. 2NVIDIA3× joint119 total
  3. 3Alliant Energy1× joint
  4. 4Lumen Technologies1× joint

Most recent

  1. with Alliant Energyoperating

Relationships

AAWSTechnology partnerNNVIDIATechnology partnerLLumen TechnologiesTechnology partnerAAlliant EnergyTechnology partner

Current leadership (7)

Founders (1)

See all founders across the registry →

Safety record

No incidents on record for QTS Data Centers.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

QTS Data Centers on the data-center map

Every verified data center QTS Data Centers operates that has a mapped coordinate (115 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.

QTS Data Centers data centers (115)

AI data centers QTS Data Centers operates or is a party to, from the DEPLOY data center registry.

Recent coverage

QTS Data Centers in third-party press

Mentioned on (1)

Registry pages whose text names QTS Data Centers.