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QTS announced a plan to raise $300 million in an IPO in August 2013 and use the proceeds to expand existing data-center campuses. The offering later closed on October 15, 2013. The expansion figures below describe plans announced at the time, not verified final construction or spending results.

What was QTS’s IPO plan?

In an August 19, 2013 report, Data Center Knowledge said QTS planned to raise $300 million through an initial public offering. The company proposed converting to a real estate investment trust and listing on the New York Stock Exchange as QTS Realty Trust Inc. under the ticker QTS.

The plan became a completed offering: an SEC filing records that the IPO closed on October 15, 2013. QTS sold 14,087,500 Class A shares, including shares covered by the underwriters’ fully exercised option, at an offer price of $21 per share. See the SEC’s Form 8-K and Form 10-Q.

How was QTS planning to use the proceeds?

QTS outlined up to $277 million in planned investment over the following two years to add more than 312,000 square feet of customer space across seven data centers. The announced allocations were:

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#1 Best Overall
Sale
Tecmojo 6U Wall Mount Server Cabinet IT Network Rack Enclosure Lockable Door and Side Panels Black, Cooling Fan, Standard Glass Door, 450mm Depth, for 19” IT Equipment, A/V Devices
  • Save valuable floor space: 6U wall mount server cabinet Dimensions: 13.78" H x21.65" W x17.72" D.Maximum mounting depth is 14.2"
  • Keep critical network equipment secure: glass door and side panels are lockable to prevent unauthorized access. Front door can be installed on either side of the front of the cabinet to satisfy your door swing orientation preference
  • Easy equipment configuration: Fully adjustable mounting rails and numbered U positions, with square holes for easy equipment mounting with top and bottom punch-out panels for easy cable access
  • Durability: Made of high quality cold rolled steel holds up to 110lb (50kg) (Easy Assembly Required)
  • PCI & HIPPA and EIA/ECA-310-E compliant
Data-center market Planned investment
Dallas $88 million
Richmond $78 million
Atlanta Metro $54 million
Jersey City Not stated in the August 19, 2013 report
Sacramento Not stated in the August 19, 2013 report
Santa Clara Not stated in the August 19, 2013 report
Suwanee, Georgia Not stated in the August 19, 2013 report

The report names the four additional sites but gives no individual investment amounts for them. The announced market figures and total were projections, not evidence that the same amounts were ultimately spent or that all planned space was delivered.

Why did QTS emphasize redevelopment?

QTS framed redevelopment of its existing facilities as a way to add capacity without constructing new buildings or acquiring additional properties or land. Its filing stated: “We believe our redevelopment pipeline provides us with a multi-year growth opportunity at very attractive risk-adjusted returns without the need to construct new buildings or acquire additional properties or land for development.” This was the company’s rationale, not an independently verified forecast of returns or project outcomes.

Rank #2
Sale
Tecmojo 12U Wall Mount Server Cabinet IT Network Rack Enclosure Lockable Door and Side Panels Black,Cooling Fan,Glass Door,17.7inch Depth,for 19” IT Equipment,A/V Devices
  • Save valuable floor space: 12U wall mount server cabinet Dimensions: 24.25" H x21.65" W x17.72" D. MAXIMUM MOUNTING DEPTH is 14.2".
  • Keep critical network equipment secure: glass door and side panels are lockable to prevent unauthorized access; Front door can be installed on either side of the front of the cabinet to satisfy your door swing orientation preference
  • Easy equipment configuration: Fully adjustable mounting rails and numbered U positions, with square holes for easy equipment mounting with top and bottom punchout panels for easy cable access
  • Durability: Made of high quality cold rolled steel holds up to 110lb (50kg) (Easy Assembly Required)
  • PCI & HIPPA and EIA/ECA-310-E compliant
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What became of QTS’s public listing?

The ticker QTS refers to the company’s historical public listing, not a current investment opportunity. An SEC post-effective amendment dated August 31, 2021 documents a successor merger and termination of the registered offering. In an August 26, 2026 release, QTS Data Centers described the business as a Blackstone portfolio company. The IPO announcement therefore belongs to the company’s history; it should not be read as current IPO news.

Rank #3
Tecmojo 4U Wall Mount Rack,4U Rack 14 inch Depth,19" Network Rack for Shallow Server and IT Equipment, Network Switches,Patch Panel Bracket,110lbs(50kg) Weight Capacity,Black
  • Sturdy:4u server rack is construct from cold rolled steel, with a weight capacity of 110lbs(50kg); Electrostatic powder coat prevents rust and corrosion,quality finish
  • Direct use:Open and use, not having to assemble it.Network rack can be placed flat or mounted on the wall,also can be installed vertically under the table
  • Design Features:maximum mounting depth of 14 in,cables can be fixed on the side panel;Open frame server rack achieves effortless inspection, replacement and assemble
  • Installation:wall mount network rack is easy to install,with instructions or videos for reference;Equipped with multiple accessories, suitable for different needs
  • Application:EIA/ECA-310-E Compliant;wall mounted 4u rack fits all 19" racks and cabinets to hold various IT, network, and AV equipment;wall mount rack available in 4U, 6U, and 8U to choose

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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