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Goldman Sachs leads $2 billion loan as lenders pile into Blackstone’s QTS data centers

Offering brings asset manager’s CMBS data center backing to more than $8 billion
Blackstone's <bsp-cpd-company-link link-data="{&quot;cms.site.owner&quot;:{&quot;_ref&quot;:&quot;00000164-904d-d794-ad6f-dcff6d680000&quot;,&quot;_type&quot;:&quot;ae3387cc-b875-31b7-b82d-63fd8d758c20&quot;},&quot;cms.content.publishDate&quot;:1740161680638,&quot;cms.content.publishUser&quot;:{&quot;_ref&quot;:&quot;00000166-b5a5-d732-a3ee-f5b7d6630000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;cms.content.updateDate&quot;:1740161680638,&quot;cms.content.updateUser&quot;:{&quot;_ref&quot;:&quot;00000166-b5a5-d732-a3ee-f5b7d6630000&quot;,&quot;_type&quot;:&quot;6aa69ae1-35be-30dc-87e9-410da9e1cdcc&quot;},&quot;linkText&quot;:&quot;QTS Realty Trust&quot;,&quot;disableRelation&quot;:false,&quot;targetProduct&quot;:&quot;DIRECTORY&quot;,&quot;_id&quot;:&quot;00000195-29b7-dc48-add7-29f7e11a0000&quot;,&quot;_type&quot;:&quot;3652fc37-e2d6-3421-9dd5-04af82baf499&quot;}" data-deep-link-type="cpd-company" data-disable-relation="false">QTS Realty Trust</bsp-cpd-company-link> owns this 1.3 million-square-foot data center at 6000 Technology Blvd. in Sandston, Virginia. (CoStar)
Blackstone's QTS Realty Trust owns this 1.3 million-square-foot data center at 6000 Technology Blvd. in Sandston, Virginia. (CoStar)
CoStar News
February 21, 2025 | 10:42 P.M.

Lenders including Goldman Sachs are going to market next month with the sixth mortgage-backed securities offering tied to Blackstone-controlled data centers, an endorsement of the asset manager's strategy that demand will keep rising for these properties.

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