5. Real Estate Assets and Construction in Progress

The following is a summary of properties owned or leased by the Company as of December 31, 2018 and 2017 (in thousands):

As of December 31, 2018:


Property Location	Land		Buildings and Improvements		Construction in Progress		Total Cost
Atlanta, Georgia (Atlanta-Metro)	$	20,416	$	493,446	$	88,253	$	602,115
Irving, Texas		8,606		345,615		99,445		453,666
Richmond, Virginia		2,180		253,098		67,932		323,210
Chicago, Illinois		9,400		130,150		133,095		272,645
Ashburn, Virginia (1)		17,325		63,245		184,951		265,521
Suwanee, Georgia (Atlanta-Suwanee)		3,521		166,298		3,188		173,007
Piscataway, New Jersey		7,466		97,806		33,472		138,744
Manassas, Virginia (1) (5)		—		—		45,194		45,194
Santa Clara, California (2)		—		98,548		7,600		106,148
Dulles, Virginia		3,154		72,435		3,852		79,441
Fort Worth, Texas		9,079		18,623		43,715		71,417
Sacramento, California		1,481		64,874		92		66,447
Princeton, New Jersey		20,700		34,046		431		55,177
Leased facilities (3)		—		43,347		9,334		52,681
Hillsboro, Oregon (1)		—		—		39,835		39,835
Phoenix, Arizona (1)		—		—		29,562		29,562
Other (4)		2,213		35,720		113		38,046
	$	105,541	$	1,917,251	$	790,064	$	2,812,856

(1)

Represent land purchases. Land acquisition costs, as well as subsequent development costs, are included within construction in progress until development on the land has ended and the asset is ready for its intended use.

(2)

Owned facility subject to long-term ground sublease.

(3)

Includes 10 facilities. All facilities are leased, including those subject to capital leases.

(4)

Consists of Miami, FL; Lenexa, KS; and Overland Park, KS facilities.

(5)

Excludes $71.0 million of construction in progress included within the “Assets held for sale” line item of the consolidated balance sheets.

As of December 31, 2017:


Property Location	Land		Buildings and Improvements		Construction in Progress		Total Cost
Atlanta, Georgia (Atlanta-Metro)	$	20,416	$	452,836	$	28,614	$	501,866
Irving, Texas		8,606		276,894		86,320		371,820
Richmond, Virginia		2,180		254,603		61,888		318,671
Chicago, Illinois		9,400		81,463		135,479		226,342
Suwanee, Georgia (Atlanta-Suwanee)		3,521		165,915		3,620		173,056
Piscataway, New Jersey		7,466		83,251		37,807		128,524
Santa Clara, California (1)		—		100,028		6,989		107,017
Ashburn, Virginia (2)		—		—		106,952		106,952
Dulles, Virginia		3,154		76,239		3,565		82,958
Sacramento, California		1,481		64,251		58		65,790
Leased Facilities (3)		—		59,460		5,534		64,994
Fort Worth, Texas		9,079		17,894		33,774		60,747
Princeton, New Jersey		20,700		32,948		451		54,099
Hillsboro, Oregon (2)		—		—		29,278		29,278
Phoenix, Arizona (2)		—		—		27,402		27,402
Other (4)		2,213		35,505		88		37,806
	$	88,216	$	1,701,287	$	567,819	$	2,357,322

(1)

Owned facility subject to long-term ground sublease.

(2)

(3)

Includes 11 facilities. All facilities are leased, including those subject to capital leases.

(4)

Consists of Miami, FL; Lenexa, KS; Overland Park, KS; and Duluth, GA facilities.

(5)