Health Care Service Corp. Sells Fort Worth Data Center for $50M

QTS Realty Trust, an international provider of data center, managed hosting, and cloud services, has completed the purchase of a 260,000-square-foot data center in Fort Worth from Health Care Service Corp.

The new facility will be QTS’ second mega data center in the DFW market. QTS opened its first mega data center in the DFW/Irving market in 2014. The latest acquisition allows QTS to provide its services to more healthcare, enterprise, technology and regional financial services companies in the area. According to QTS, the “connectivity-rich” Fort Worth facility will have 12 carriers and will be situated adjacent to other large enterprise and technology company-owned data center facilities.

QTS purchased the facility for about $50 million. It currently features 40,000 square feet of raised floor space and eight megawatts of gross power able to support a total capacity of about 80,000 square feet of raised floor.

Chad Williams, chairman and CEO of QTS, says the company’s success and expansion in DFW is a testament to the value QTS customers are seeing in its fully integrated platform.

“We are excited about our ability to quickly expand and meet the growing needs of current and new customers in another state-of-the-art facility,” Williams said in a statement.

Although QTS purchased the data center from HCSC, the health insurance provider will remain an anchor tenant in the facility with a one-megawatt lease. The transaction signifies a “new partnership” between QTS and HCSC. QTS say it hopes to expand the relationship in the future to “further support HCSC’s hybrid IT requirements across QTS’ broader footprint.”

Williams says QTS’ commitment to developing fully-integrated solutions helps unlock opportunities with enterprises that need to increase data center efficiency and performance without compromising security or compliance.

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