Key hyperscale win in QTS' recently launched Northern Virginia region
QTS today announced that it has signed a 24 megawatt data center lease with a global cloud-based software company. As part of the lease agreement, the customer will lease the full 24 megawatt powered shell up front. The customer will also lease approximately five megawatts of turn-key data center capacity within the shell upon lease commencement. The customer is expected to sign future commitments, scaling to the full 24 megawatts of turn-key power capacity over approximately two years. The initial lease is expected to commence in the first quarter of 2019.