XML 71 R30.htm IDEA: XBRL DOCUMENT v3.25.0.1
Schedule III - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III - Real Estate and Accumulated Depreciation
As of December 31, 2024
(in millions)
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
Americas:
AT1 ATLANTA (METRO)$—$—$—$—$309$—$309$(116)2010
AT4 ATLANTA (METRO)—520—31551(21)2017
BG1 BOGOTÁ (METRO), COLOMBIA——9111120(8)2017
BG2 BOGOTÁ (METRO), COLOMBIA—4——46446(3)2021
BO2 BOSTON (METRO)—330(1)44274(25)2017
CH1 CHICAGO (METRO)————122—122(90)1999
CH2 CHICAGO (METRO)————90—90(37)2005
CH3 CHICAGO (METRO)—10——35710357(184)2006
CH4 CHICAGO (METRO)————148—148(32)2009
CH7 CHICAGO (METRO)—111—11122(9)2017
CL1 CALGARY (METRO), CANADA——12—6—18(9)2020
CL2 CALGARY (METRO), CANADA——14—3—17(9)2020
CL3 CALGARY (METRO), CANADA—769—557124(25)2020
CU1 CULPEPER (METRO)—138—7145(24)2017
CU2 CULPEPER (METRO)—148—17165(30)2017
CU3 CULPEPER (METRO)—137—16153(23)2017
CU4 CULPEPER (METRO)—128—39167(22)2017
DA1 DALLAS (METRO)————74—74(45)2000
DA2 DALLAS (METRO)————84—84(43)2010
DA3 DALLAS (METRO)————103—103(53)2010
DA4 DALLAS (METRO)————18—18(13)2010
DA6 DALLAS (METRO)——21—191—212(76)2012
DA7 DALLAS (METRO)————33—33(25)2015
DA9 DALLAS (METRO)—115—9124(11)2017
DA11 DALLAS (METRO)———6944069440(48)2018
INFOMART BUILDING DALLAS (METRO)—2433843428372(74)2018
DC1 WASHINGTON, D.C. (METRO)————6—6(4)1999
DC2 WASHINGTON, D.C. (METRO)———51915191(101)1999
DC3 WASHINGTON, D.C. (METRO)——37—57—94(62)2004
DC4 WASHINGTON, D.C. (METRO)—27—42249(30)2005
DC5 WASHINGTON, D.C. (METRO)—15—47152(29)2005
DC6 WASHINGTON, D.C. (METRO)—15—951100(67)2005
DC7 WASHINGTON, D.C. (METRO)————18—18(17)2010
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
DC10 WASHINGTON, D.C. (METRO)——45—65—110(101)2011
DC11 WASHINGTON, D.C. (METRO)—15—1891194(98)2005
DC12 WASHINGTON, D.C. (METRO)——102—84—186(66)2017
DC13 WASHINGTON, D.C. (METRO)—625—29654(23)2017
DC14 WASHINGTON, D.C. (METRO)—334—19353(21)2017
DC15 WASHINGTON, D.C. (METRO)—2—22104210(45)2018
DC16 WASHINGTON, D.C. (METRO)————341—341(11)2022
DC21 WASHINGTON, D.C. (METRO)—2——3242324(37)2019
DC97 WASHINGTON, D.C. (METRO)——2—3—5(2)2017
DE1 DENVER (METRO)————11—11(9)2010
DE2 DENVER (METRO)—523—37560(27)2017
HO1 HOUSTON (METRO)—124—38162(25)2017
KA1 KAMLOOPS (METRO), CANADA—347—27374(15)2020
LA1 LOS ANGELES (METRO)————112—112(88)1999
LA2 LOS ANGELES (METRO)————11—11(10)2000
LA3 LOS ANGELES (METRO)——35422457(52)2005
LA4 LOS ANGELES (METRO)—19138—6319201(105)2009
LA7 LOS ANGELES (METRO)—834—58892(29)2017
LM1 LIMA (METRO), PERU—59—5514(2)2022
MI1 MIAMI (METRO)—19127—21819345(120)2017
MI2 MIAMI (METRO)————22—22(18)2010
MI3 MIAMI (METRO)————35—35(27)2012
MI6 MIAMI (METRO)—523—14537(17)2017
MO1 MONTERREY (METRO), MEXICO——3—12—15(4)2020
MT1 MONTREAL (METRO), CANADA ——77347234149(31)2020
MT2 MONTREAL (METRO), CANADA—358—37395(13)2022
MX1 MEXICO CITY (METRO), MEXICO—154—531107(22)2020
MX2 MEXICO CITY (METRO), MEXICO—116—1181134(14)2020
NY1 NEW YORK (METRO)————75—75(56)1999
NY2 NEW YORK (METRO)———1820918209(144)2000
NY3 NEW YORK (METRO)———3839138391(15)2022
NY4 NEW YORK (METRO)————387—387(243)2006
NY5 NEW YORK (METRO)————324—324(139)2010
NY6 NEW YORK (METRO)————104—104(34)2010
NY7 NEW YORK (METRO)——25—149—174(141)2010
NY9 NEW YORK (METRO)————59—59(32)2010
NY11 NEW YORK (METRO)—259—1412200(44)2017
NY13 NEW YORK (METRO)——3287839(25)2017
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
OT1 OTTAWA (METRO), CANADA—139—3142(11)2020
PH1 PHILADELPHIA (METRO)————45—45(28)2010
RJ1 RIO DE JANEIRO (METRO), BRAZIL————20—20(16)2011
RJ2 RIO DE JANEIRO (METRO), BRAZIL——2185187(31)2012
RJ3 RIO DE JANEIRO (METRO), BRAZIL—549——549—2018
SE2 SEATTLE (METRO)————31—31(28)2010
SE3 SEATTLE (METRO)——2—102—104(83)2011
SE4 SEATTLE (METRO)—413—85498(23)2017
SJ1 SAINT JOHN (METRO), CANADA——14—2—16(4)2020
SP1 SÃO PAULO (METRO), BRAZIL——10—24—34(23)2011
SP2 SÃO PAULO (METRO), BRAZIL———348348(34)2011
SP3 SÃO PAULO (METRO), BRAZIL—773—1727245(72)2017
SP4 SÃO PAULO (METRO), BRAZIL——226926114(35)2017
ST1 SANTIAGO (METRO), CHILE—225—13238(6)2022
ST2 SANTIAGO (METRO), CHILE—212—38250(3)2022
ST3 SANTIAGO (METRO), CHILE—110—9119(4)2022
ST4 SANTIAGO (METRO), CHILE——5—7—12(2)2022
SV1 SILICON VALLEY (METRO)———1615316153(113)1999
SV2 SILICON VALLEY (METRO)————161—161(120)2003
SV3 SILICON VALLEY (METRO)————82—82(51)1999
SV4 SILICON VALLEY (METRO)————113—113(43)2005
SV5 SILICON VALLEY (METRO)—699—1096208(118)2010
SV8 SILICON VALLEY (METRO)————158—158(61)2010
SV10 SILICON VALLEY (METRO)—13124—9713221(75)2017
SV11 SILICON VALLEY (METRO)————235—235(28)2019
SV14 SILICON VALLEY (METRO)—46—4410(5)2017
SV15 SILICON VALLEY (METRO)—823—7830(15)2017
SV16 SILICON VALLEY (METRO)—415—4419(10)2017
SV17 SILICON VALLEY (METRO)——17—3—20(19)2017
TR1 TORONTO (METRO), CANADA————81—81(39)2010
TR2 TORONTO (METRO), CANADA——219414594166(50)2015
TR4 TORONTO (METRO), CANADA——14—4—18(14)2020
TR5 MARKHAM (METRO), CANADA——25—2—27(14)2020
TR6 BRAMPTON (METRO), CANADA—95929711156(15)2020
TR7 BRAMPTON (METRO), CANADA—972—289100(29)2020
VA1 BURNABY (METRO), CANADA——5—6—11(5)2020
WI1 WINNIPEG (METRO), CANADA——57—6—63(8)2020
OTHERS (6)
—8755154337241392(70)Various
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
EMEA:
AB1 ABIDJAN (METRO), CÔTE D'IVOIRE——1—5—6(1)2022
AC1 ACCRA (METRO), GHANA——1—7—8(2)2022
AD1 ABU DHABI (METRO), UNITED ARAB EMIRATES————76—76(34)2017
AM1 AMSTERDAM (METRO), THE NETHERLANDS————85—85(53)2008
AM2 AMSTERDAM (METRO), THE NETHERLANDS————78—78(39)2008
AM3 AMSTERDAM (METRO), THE NETHERLANDS——27—121—148(79)2011
AM4 AMSTERDAM (METRO), THE NETHERLANDS————206—206(64)2016
AM5 AMSTERDAM (METRO), THE NETHERLANDS——92—8—100(46)2016
AM6 AMSTERDAM (METRO), THE NETHERLANDS—751—917142(50)2016
AM7 AMSTERDAM (METRO), THE NETHERLANDS——731533160(49)2016
AM8 AMSTERDAM (METRO), THE NETHERLANDS————12—12(8)2016
AM11 AMSTERDAM (METRO), THE NETHERLANDS——6—13—19(7)2019
BA1 BARCELONA (METRO), SPAIN——9—28—37(25)2017
BA2 BARCELONA (METRO), SPAIN—852——852—2021
BX1 BORDEAUX (METRO), FRANCE—24—95299(6)2020
DB1 DUBLIN (METRO), IRELAND———325325(6)2016
DB2 DUBLIN (METRO), IRELAND——12121133(16)2016
DB3 DUBLIN (METRO), IRELAND—354—25379(35)2016
DB4 DUBLIN (METRO), IRELAND——27720747(16)2016
DU1 DÜSSELDORF (METRO), GERMANY———734734(19)2000
DX1 DUBAI (METRO), UNITED ARAB EMIRATES————96—96(66)2008
DX2 DUBAI (METRO), UNITED ARAB EMIRATES————1—1(1)2017
DX3 DUBAI (METRO), UNITED ARAB EMIRATES—7——74774(5)2020
EN1 ENSCHEDE (METRO), THE NETHERLANDS————39—39(25)2008
FR2 FRANKFURT (METRO), GERMANY———1758217582(207)2007
FR4 FRANKFURT (METRO), GERMANY—119—10211111(51)2009
FR5 FRANKFURT (METRO), GERMANY30——1325213252(82)2012
FR6 FRANKFURT (METRO), GERMANY————133—133(54)2016
FR7 FRANKFURT (METRO), GERMANY——44—47—91(47)2016
FR8 FRANKFURT (METRO), GERMANY—1958—17219230(17)2020
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
FR13 FRANKFURT (METRO), GERMANY————105—105(5)2021
GN1 GENOA (METRO), ITALY——2—20—22(2)2020
GV1 GENEVA (METRO), SWITZERLAND————27—27(16)2004
GV2 GENEVA (METRO), SWITZERLAND————83—83(33)2009
HE3 HELSINKI (METRO), FINLAND————16—16(11)2016
HE4 HELSINKI (METRO), FINLAND——29—6—35(28)2016
HE5 HELSINKI (METRO), FINLAND——8519527(11)2016
HE6 HELSINKI (METRO), FINLAND——17138155(23)2016
HE7 HELSINKI (METRO), FINLAND—77166873(16)2018
HH1 HAMBURG (METRO), GERMANY—45—72477(13)2018
IL2 ISTANBUL (METRO), TURKEY—1439—7314112(24)2017
IL4 ISTANBUL (METRO), TURKEY——60—2—62(1)2017
JN1 JOHANNESBURG (METRO), SOUTH AFRICA————5—5—2024
LD3 LONDON (METRO), UNITED KINGDOM————22—22(17)2000
LD4 LONDON (METRO), UNITED KINGDOM——23—166—189(83)2007
LD5 LONDON (METRO), UNITED KINGDOM——16—205—221(121)2010
LD6 LONDON (METRO), UNITED KINGDOM————159—159(67)2013
LD7 LONDON (METRO), UNITED KINGDOM———22912291(56)2018
LD8 LONDON (METRO), UNITED KINGDOM——1085722657334(75)2016
LD9 LONDON (METRO), UNITED KINGDOM——181—242—423(142)2016
LD10 LONDON (METRO), UNITED KINGDOM——40—238—278(50)2017
LG1 & LG2 LAGOS (METRO), NIGERIA—112—38150(8)2022
LS1 LISBON (METRO), PORTUGAL——7334341(9)2017
MA1 MANCHESTER (METRO), UNITED KINGDOM————21—21(12)2016
MA3 MANCHESTER (METRO), UNITED KINGDOM——45—22—67(38)2016
MA4 MANCHESTER (METRO), UNITED KINGDOM——7—11—18(11)2016
MA5 MANCHESTER (METRO), UNITED KINGDOM—47—1314138(13)2020
MD1 MADRID (METRO), SPAIN——8—9—17(9)2017
MD2 MADRID (METRO), SPAIN——411910319144(56)2017
MD6 MADRID (METRO), SPAIN————42—42(4)2022
ML2 MILAN (METRO), ITALY————27—27(21)2016
ML3 MILAN (METRO), ITALY———345345(19)2016
ML5 MILAN (METRO), ITALY—621—1056126(16)2019
MU1 MUNICH (METRO), GERMANY————35—35(23)2007
MU3 MUNICH (METRO), GERMANY————6—6(4)2010
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
MU4 MUNICH (METRO), GERMANY—1135—8311118(12)2020
PA2 & PA3 PARIS (METRO), FRANCE——302131421344(158)2007
PA4 PARIS (METRO), FRANCE—110—2251235(110)2011
PA5 PARIS (METRO), FRANCE——17—9—26(12)2016
PA6 PARIS (METRO), FRANCE————89—89(48)2016
PA7 PARIS (METRO), FRANCE————30—30(22)2016
PA10 PARIS (METRO), FRANCE————166—166(12)2021
SK1 STOCKHOLM, (METRO), SWEDEN——15—53—68(19)2016
SK2 STOCKHOLM, (METRO), SWEDEN——803613141(50)2016
SK3 STOCKHOLM, (METRO), SWEDEN————48—48(12)2016
SO1 SOFIA (METRO), BULGARIA——5—4—9(5)2016
SO2 SOFIA (METRO), BULGARIA—3——27327(5)2017
WA1 WARSAW (METRO), POLAND——6—26—32(18)2016
WA2 WARSAW (METRO), POLAND——5—10—15(8)2016
WA3 WARSAW (METRO), POLAND—2—167367(11)2017
ZH2 ZURICH (METRO), SWITZERLAND————6—6(5)2002
ZH4 ZURICH (METRO), SWITZERLAND——11—56—67(40)2009
ZH5 ZURICH (METRO), SWITZERLAND———82538253(63)2009
ZW1 ZWOLLE (METRO), THE NETHERLANDS————11—11(10)2008
OTHERS (6)
—5618272381328399(46)Various
Asia-Pacific:
AE1 ADELAIDE (METRO), AUSTRALIA—21—324(2)2018
BR1 BRISBANE (METRO), AUSTRALIA—31—435(2)2018
CA1 CANBERRA (METRO), AUSTRALIA——18—5—23(6)2018
HK1 HONG KONG (METRO), CHINA————327—327(148)2003
HK2 HONG KONG (METRO), CHINA————244—244(202)2010
HK3 HONG KONG (METRO), CHINA————191—191(122)2012
HK4 HONG KONG (METRO), CHINA————10—10—2012
HK5 HONG KONG (METRO), CHINA——70—48—118(47)2017
JH1 JOHOR (METRO), MALAYSIA—337—5342(1)2024
KL1 KUALA LUMPUR (METRO), MALAYSIA——31—15—46(2)2023
MB1 MUMBAI (METRO), INDIA——26—8—34(9)2021
MB2 MUMBAI (METRO), INDIA——5718(11)1846(12)2021
MB4 MUMBAI (METRO), INDIA——18—1—19(2)2024
ME1 MELBOURNE (METRO), AUSTRALIA—13——891389(38)2013
ME2 MELBOURNE (METRO), AUSTRALIA————128—128(21)2018
ME4 MELBOURNE (METRO), AUSTRALIA—384—4388(36)2018
Initial Costs to Company (1)
Costs Capitalized Subsequent to Acquisition or Lease (2)
Total Costs
EncumbrancesLand
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Land
Buildings and Improvements (3)
Accumulated Depreciation (4)
Date of Acquisition or Lease (5)
ME5 MELBOURNE (METRO), AUSTRALIA—64—8612(4)2018
OS1 OSAKA (METRO), JAPAN——15—78—93(51)2013
OS3 OSAKA (METRO), JAPAN————190—190(42)2020
PE1 PERTH (METRO), AUSTRALIA—11—314(1)2018
PE2 PERTH (METRO), AUSTRALIA——16—15—31(13)2018
PE3 PERTH (METRO), AUSTRALIA————55—55(11)2020
SG1 SINGAPORE (METRO)————297—297(156)2003
SG2 SINGAPORE (METRO)————342—342(265)2008
SG3 SINGAPORE (METRO)——35—250—285(116)2013
SG4 SINGAPORE (METRO)——55—154—209(56)2019
SG5 SINGAPORE (METRO)————348—348(61)2019
SH2 SHANGHAI (METRO), CHINA————8—8(6)2012
SH3 SHANGHAI (METRO), CHINA——7—14—21(10)2012
SH5 SHANGHAI (METRO), CHINA——11—25—36(22)2012
SH6 SHANGHAI (METRO), CHINA——17—34—51(15)2017
SL1 SEOUL (METRO), SOUTH KOREA——29—27—56(28)2019
SL4 SEOUL (METRO), SOUTH KOREA——22—5—27(3)2024
SY1 SYDNEY (METRO), AUSTRALIA———73387338(24)2003
SY2 SYDNEY (METRO), AUSTRALIA——3—24—27(22)2008
SY3 SYDNEY (METRO), AUSTRALIA——9—128—137(95)2010
SY4 SYDNEY (METRO), AUSTRALIA————162—162(80)2014
SY5 SYDNEY (METRO), AUSTRALIA—72——34372343(45)2018
SY6 SYDNEY (METRO), AUSTRALIA—864—368100(22)2018
SY7 SYDNEY (METRO), AUSTRALIA—247—2249(14)2018
TY1 TOKYO (METRO), JAPAN————28—28(20)2000
TY2 TOKYO (METRO), JAPAN————100—100(54)2006
TY3 TOKYO (METRO), JAPAN————56—56(38)2010
TY4 TOKYO (METRO), JAPAN————63—63(38)2012
TY5 TOKYO (METRO), JAPAN————45—45(15)2014
TY6 TOKYO (METRO), JAPAN——38—13—51(42)2015
TY7 TOKYO (METRO), JAPAN——13—11—24(16)2015
TY8 TOKYO (METRO), JAPAN——54—10—64(34)2015
TY9 TOKYO (METRO), JAPAN——93———93(74)2015
TY10 TOKYO (METRO), JAPAN——66—1—67(32)2015
TY11 TOKYO (METRO), JAPAN——22—207—229(45)2018
TY15 TOKYO (METRO), JAPAN——109—111—220(4)2024
OTHERS (6)
——27622576227(27)Various
TOTAL LOCATIONS$30$590$5,053$1,072$21,194$1,662$26,247$(9,639)
(1)     The initial cost was $0 if the lease of the respective IBX was classified as an operating lease.
(2)    Costs capitalized subsequent to acquisition or lease are net of impairments and include the impact of allocations between land and buildings and improvements following the purchase of previously leased assets.
(3)     Building and improvements include all fixed assets except for land.
(4)     Buildings and improvements are depreciated on a straight-line basis over estimated useful live as described in Note 1 within the Consolidated Financial Statements.
(5)     Date of lease or acquisition represents the date we leased the facility or acquired the facility through purchase or acquisition.
(6)    Includes various IBXs that are under initial development and costs incurred at certain central locations supporting various IBX functions.
The aggregate gross cost of our properties for federal income tax purpose approximated $34.0 billion (unaudited) as of December 31, 2024.
The following table reconciles the historical cost of our properties for financial reporting purposes for each of the years ended December 31, 2024, 2023 and 2022 (in millions):
202420232022
Gross Fixed Assets:
Balance, beginning of period$26,614 $23,803 $21,906 
Additions (including acquisitions and improvements)3,266 3,117 3,251 
Disposals(626)(589)(544)
Impairment charges (1)
(302)— — 
Foreign currency transaction adjustments and others(1,043)283 (810)
Balance, end of year$27,909 $26,614 $23,803 
Accumulated Depreciation:
Balance, beginning of period$(9,089)$(8,095)$(7,275)
Additions (depreciation expense)(1,413)(1,317)(1,268)
Disposals317 413 230 
Impairment charges (1)
186 — — 
Foreign currency transaction adjustments and others360 (90)218 
Balance, end of year$(9,639)$(9,089)$(8,095)
(1)     Refer to Note 17 within the Consolidated Financial Statements.