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QTS Data Centers Investing $1.5B in Four Ohio Data Centers

QTS Data Centers Investing $1.5B in Four Ohio Facilities

Ohio’s New Albany City Council has signed an agreement with Kansas-based QTS Data Centers, which will allow the company to invest roughly $1.5 billion in four data centers in the area.

QTS is a co-location provider, meaning it can lease data center space to multiple tenants in the same building. QTS has purchased two plots of land, and the company plans to build two data centers on each property.

“Data centers are key assets to the New Albany community, allowing us to diversify the types of companies within our business portfolio,” said Sara Zeigler, economic development manager for the City of New Albany. “QTS has a great track record of being invested in the communities where they have built facilities. New Albany’s negotiated revenue structure with data centers produces the same amount of revenue that the city would typically receive in income tax for Class A office sites.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.