QTS Realty Trust, a data center development arm of Blackstone Group, paid nearly $250 million for a former farm property near Phoenix as it plans what would be its third data center campus in that region.
Blackstone Unit Adds to Data Center Pipeline with Big Arizona Land Purchase
QTS Realty Buys Former Farm Property for Nearly $250 Million
By Lou Hirsh
CoStar News
July 25, 2024 | 6:21 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Blackstone Inc.
Finance and Insurance
- QTS Realty Trust, Inc.
Information