Real Estate Assets and Construction in Progress

3 Months Ended

Mar. 31, 2021

Real Estate Assets and Construction in Progress

The following is a summary of our cost of owned or leased properties as of March 31, 2021 and December 31, 2020 (in thousands):

As of March 31, 2021 (unaudited):


Property Location	Land		Buildings, Improvements and Equipment		Construction in Progress		Total Cost
Ashburn, Virginia Campus (1)	$	16,476	$	391,247	$	219,065	$	626,788
Atlanta, Georgia Campus (2)	55,158		771,045		183,319		1,009,522
Chicago, Illinois	9,400		251,676		131,322		392,398
Dulles, Virginia	3,154		55,580		4,220		62,954
Eemshaven, Netherlands	5,153		20,991		47,859		74,003
Fort Worth, Texas	9,079		124,481		3,350		136,910
Groningen, Netherlands	1,821		11,324		3,249		16,394
Hillsboro, Oregon	18,414		47,364		72,033		137,811
Irving, Texas	8,606		409,565		89,516		507,687
Leased Facilities (3)	—		83,180		60		83,240
Manassas, Virginia Campus (4)	—		37		90,947		90,984
Phoenix, Arizona (5)	—		—		38,063		38,063
Piscataway, New Jersey	7,466		122,599		39,951		170,016
Princeton, New Jersey	20,700		35,267		9		55,976
Richmond, Virginia	2,180		235,381		128,911		366,472
Sacramento, California	1,481		66,304		125		67,910
Santa Clara, California (6)	—		117,522		16,871		134,393
Suwanee, Georgia (Atlanta-Suwanee)	3,521		184,975		7,607		196,103
Other (7)	2,213		36,950		43,272		82,435
	$	164,822	$	2,965,488	$	1,119,749	$	4,250,059

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(1)The “Ashburn, Virginia Campus” includes both the existing data center Ashburn, VA (DC - 1) as well as new property development associated with the construction of a second data center Ashburn, VA (DC - 2).

(2)The “Atlanta, Georgia Campus” includes both the existing data center Atlanta (DC - 1) as well as the recently developed data center Atlanta, GA (DC - 2).

(3)Includes 7 facilities. All facilities are leased, including one subject to a finance lease.

(4)The “Manassas, Virginia Campus” includes new property development associated with the construction of a wholly owned data center in Manassas, Virginia as well as separate land purchases in Manassas, Virginia.

(5)Represents 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.

(6)Owned facility subject to long-term ground sublease.

(7)Consists of Miami, FL; Lenexa, KS; Overland Park, KS and additional land.

As of December 31, 2020:


Property Location	Land		Buildings, Improvements and Equipment		Construction in Progress		Total Cost
Ashburn, Virginia Campus (1)	$	16,476	$	371,725	$	185,903	$	574,104
Atlanta, Georgia Campus (2)	55,157		700,142		191,072		946,371
Chicago, Illinois	9,400		250,336		104,117		363,853
Dulles, Virginia	3,154		54,323		4,148		61,625
Eemshaven, Netherlands	5,366		21,712		47,531		74,609
Fort Worth, Texas	9,079		124,054		1,064		134,197
Groningen, Netherlands	1,896		11,206		3,730		16,832
Hillsboro, Oregon	18,414		34,594		78,390		131,398
Irving, Texas	8,606		392,275		99,591		500,472
Leased Facilities (3)	—		82,759		225		82,984
Manassas, Virginia Campus (4)	—		25		67,073		67,098
Phoenix, Arizona (5)	—		—		37,729		37,729
Piscataway, New Jersey	7,466		122,176		30,401		160,043
Princeton, New Jersey	20,700		35,261		5		55,966
Richmond, Virginia	2,180		233,927		120,577		356,684
Sacramento, California	1,481		66,300		12		67,793
Santa Clara, California (6)	—		117,343		9,385		126,728
Suwanee, Georgia (Atlanta-Suwanee)	3,521		184,467		6,718		194,706
Other (7)	2,213		36,636		41,094		79,943
	$	165,109	$	2,839,261	$	1,028,765	$	4,033,135

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(2)The “Atlanta, Georgia Campus” includes both the existing data center Atlanta (DC - 1) as well as the recently developed data center Atlanta, GA (DC - 2).

(3)Includes 7 facilities. All facilities are leased, including one subject to a finance lease.

(6)Owned facility subject to long-term ground sublease.

(7)Consists of Miami, FL; Lenexa, KS; Overland Park, KS and additional land.