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National Data Center Operator Buys 400-Acre Industrial Site Near Phoenix

QTS Realty Pays $255 Million for Former Farmland in Glendale
QTS Realty Trust operates data center facilities in downtown Phoenix, including one at 120 E. Van Buren St. (CoStar)
QTS Realty Trust operates data center facilities in downtown Phoenix, including one at 120 E. Van Buren St. (CoStar)
CoStar News
July 19, 2022 | 10:00 P.M.

Data center development giant QTS Realty Trust paid more than $255 million to buy nearly 400 acres in Glendale near Phoenix, which has taken off recently as a hub for centers providing bandwidth for e-commerce, social media and other technology enterprises.

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