QuadReal and T5 Expand Data Center Platform with $8 Billion Investment
QuadReal Property Group and T5 Data Centers have expanded their data center platform with a new investment, aiming to grow their capacity to 5 GW. Announced in a press release, this strategic move positions the platform to meet increasing customer demand and capitalize on favorable market conditions.
The platform, established in 2019 and jointly owned by QuadReal and T5, has developed state-of-the-art facilities in key U.S. markets such as Silicon Valley, Hillsboro, Chicago, Atlanta, and Charlotte. These facilities serve Cloud, AI, and Enterprise users, and the new investment will support the development of a new Scaled Campus strategy.
Jamie Weber, Head of Americas at QuadReal, expressed enthusiasm about the demand growth driven by cloud adoption and AI advancements. Pete Marin, CEO of T5, highlighted that the additional investment will enable T5 to pursue its ambitious Scaled Campus strategy, supplying AI and Cloud-ready data center capacity to leading technology companies.
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