{"id":"95a752c2-4d79-4b63-8612-e2ba430cc9fb","name":"QTS Data Centers","slug":"qts-data-centers","description":"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.\n\nThe 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.\n\nLongtime 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.","status":"private","founded":0,"hq":"Undisclosed","hqLat":7.6130084,"hqLng":5.248172,"hqGeocodedAt":"2026-08-23T21:04:47.480Z","hqAddress":null,"hqPrecision":null,"website":"https://www.qtsdatacenters.com","fundingTotal":"10000000000","type":"brain","roles":["data_center_operator"],"reviewStatus":"reviewed","heatIndex":58,"lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://en.wikipedia.org/wiki/QTS_Realty_Trust","title":"QTS Realty Trust","publisher":"Wikipedia"},{"url":"https://q.com/company/leadership","title":"QTS Leadership","publisher":"QTS Data Centers"},{"url":"https://q.com/data-centers","title":"QTS Data Centers locations","publisher":"QTS Data Centers"},{"url":"https://q.com/about","title":"About QTS","publisher":"QTS Data Centers"}],"keyFacts":[{"label":"Headquarters","value":"Undisclosed"},{"label":"Status","value":"private"},{"label":"Type","value":"brain"},{"label":"Parent company","value":"Blackstone (Blackstone Infrastructure Partners + BREIT), take-private completed 31 August 2021 for ~$10B","sourceUrl":"https://en.wikipedia.org/wiki/QTS_Realty_Trust"},{"label":"Portfolio footprint","value":"~28 data center campuses across the US, Netherlands, and United Kingdom","sourceUrl":"https://en.wikipedia.org/wiki/QTS_Realty_Trust"},{"label":"Largest facility","value":"Atlanta 1 megacampus, 99 acres, 278 MW+ operational capacity","sourceUrl":"https://q.com/data-centers"},{"label":"Other flagship sites","value":"Richmond 1 (240 MW+), Denver (160 MW+), plus major Ashburn, Manassas, Irving, and Hillsboro campuses","sourceUrl":"https://q.com/data-centers"},{"label":"Co-CEOs (since April 2025)","value":"Tag Greason and David Robey; founder Chad Williams stepped down after 20+ years","sourceUrl":"https://q.com/company/leadership"},{"label":"Founding","value":"Founded 2003 by Chad Williams in Overland Park, Kansas; HQ now Ashburn/Sterling, Virginia","sourceUrl":"https://en.wikipedia.org/wiki/QTS_Realty_Trust"},{"label":"Public listing history","value":"IPO on NYSE October 2013 (ticker QTS); delisted at Blackstone close August 2021","sourceUrl":"https://en.wikipedia.org/wiki/QTS_Realty_Trust"},{"label":"Customer profile","value":"Wholesale/hyperscale focus: primary customers are the largest cloud and AI training operators; carrier-neutral colocation available at legacy sites","sourceUrl":"https://en.wikipedia.org/wiki/QTS_Realty_Trust"}],"aliases":[],"collisionRisk":"low","reviewNote":"SCOPE-REVIEW: Off-axis entity (data center/crypto/investment/telecom/energy) — not core physical AI","atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":612,"employeeCountBasis":"Last public disclosure prior to Blackstone take-private (10-K, fiscal 2019); QTS has not disclosed headcount since going private and has grown materially since.","employeeCountAsOf":"2019-01-01T00:00:00.000Z","marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-19T03:10:38.689Z","updatedAt":"2026-08-27T22:33:17.501Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/qts-data-centers","url":"https://registry.deploy.report/companies/qts-data-centers","name":"QTS Data Centers","description":"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.\n\nThe 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.\n\nLongtime 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.","identifier":"95a752c2-4d79-4b63-8612-e2ba430cc9fb","address":"Undisclosed","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":4,"primary_source_types":["knowledge-base"]}}}