Schedule III Properties And Accumulated Depreciation

12 Months Ended

Dec. 31, 2024

Schedule III Properties And Accumulated Depreciation

Schedule III Properties And Accumulated Depreciation

											Costs capitalized
					Initial costs						subsequent to acquisition				Total costs
																							Accumulated	Date of
							Acquired		Buildings								Acquired		Buildings				depreciation	acquisition
	Data Center						ground		and				Carrying				ground		and				and	or
	Buildings		Encumbrances		Land		lease		improvements		Improvements		costs		Land		lease		improvements		Total		amortization	construction
North American Markets
Northern Virginia	18	$	—	$	122,168	$	—	$	466,221	$	3,319,576	$	—	$	155,785	$	—	$	3,752,180	$	3,907,965	$	(1,228,345)	2005 - 2019
Dallas	19		—		50,533		—		241,081		1,189,497		—		46,718		—		1,434,393		1,481,111		(720,962)	2002 - 2015
Chicago	7		—		54,382		—		408,801		1,008,444		—		54,343		—		1,417,284		1,471,627		(659,778)	2005 - 2017
New York	11		—		8,743		—		354,361		1,190,970		(116,486)		13,160		—		1,424,428		1,437,588		(724,286)	2002 - 2015
Silicon Valley	13		—		126,095		—		819,685		481,264		—		126,486		—		1,300,558		1,427,044		(650,030)	2002 - 2018
Portland	3		—		1,689		—		3,131		1,200,982		—		16,699		—		1,189,103		1,205,802		(178,789)	2011 - 2015
Phoenix	2		—		11,859		—		399,122		397,923		—		11,859		—		797,045		808,904		(439,467)	2006 - 2015
San Francisco	4		—		41,165		—		358,066		329,384		—		41,478		—		687,137		728,615		(339,915)	2004 - 2015
Toronto	2		—		26,600		—		116,863		466,874		—		27,648		—		582,689		610,337		(90,348)	2013 - 2017
Atlanta	4		—		6,537		—		264,948		149,480		—		6,552		—		414,413		420,965		(160,706)	2011 - 2017
Boston	3		—		17,826		—		253,711		114,556		(74,641)		16,600		—		294,852		311,452		(198,978)	2006 - 2011
Los Angeles	2		—		29,531		—		105,910		169,633		—		29,118		—		275,956		305,074		(164,992)	2004 - 2015
Houston	6		—		6,965		—		23,492		160,860		—		6,965		—		184,352		191,317		(125,621)	2,006
Austin	1		—		1,177		—		4,877		81,656		—		1,177		—		86,533		87,710		(31,565)	2005
Miami	2		—		2,964		—		29,793		44,240		(57)		2,964		—		73,976		76,940		(43,113)	2002 - 2015
Seattle	1		135,000		43,110		—		329,283		(306,850)		—		-		—		65,543		65,543		(12,503)	2020
North America - Other	3		—		4,117		—		13,068		256,369		—		4,118		—		269,436		273,554		(76,231)
Total North America	101		135,000		555,461		—		4,192,413		10,254,858		(191,184)		561,670		—		14,249,878		14,811,548		(5,845,629)
EMEA Markets
London	13		—		76,906		—		1,273,661		441,475		—		35,440		—		1,756,602		1,792,042		(561,572)	2007 - 2024
Frankfurt	24		—		25,717		—		876,342		661,779		—		97,156		—		1,466,682		1,563,838		(301,651)	2016 - 2020
Paris	12		—		82,789		—		355,386		879,436		—		94,775		—		1,222,836		1,317,611		(166,481)	2012 - 2024
Johannesburg	5		—		10,099		—		1,008,751		293,876		—		8,853		—		1,303,873		1,312,726		(190,141)	2022
Amsterdam	13		—		87,674		—		975,654		124,964		—		83,102		—		1,105,190		1,188,292		(303,068)	2005 - 2024
Marseille	4		—		1,121		—		220,737		431,426		—		1,014		—		652,271		653,285		(104,746)	2020
Zurich	3		—		20,605		—		48,325		532,316		—		44,011		—		557,235		601,246		(66,645)	2020
Cape Town	2		—		5,100		—		276,021		190,733		—		4,470		—		467,384		471,854		(44,348)	2022
Dublin	9		—		11,722		90		89,597		365,981		—		7,308		86		459,996		467,390		(148,253)	2006 - 2020
Vienna	3		—		14,159		—		364,949		(303)		—		12,291		—		366,514		378,805		(89,174)	2020
Brussels	3		—		3,874		—		118,034		160,651		—		10,785		—		271,774		282,559		(36,063)	2020
Madrid	4		—		8,456		—		134,817		59,959		—		12,561		—		190,671		203,232		(37,257)	2020
Copenhagen	3		—		11,665		—		107,529		53,859		—		4,295		—		168,758		173,053		(31,909)	2020
Stockholm	6		—		—		—		93,861		59,609		—		126		—		153,344		153,470		(36,164)	2020
Dusseldorf	3		—		—		—		30,093		108,371		—		—		—		138,464		138,464		(24,839)	2020
Durban	1		—		900		—		66,646		4,062		—		789		—		70,819		71,608		(8,578)	2022
Europe - Other	6		—		3,144		—		43,046		533,741		—		88,641		—		491,290		579,931		(172,162)
Africa - Other	4		—		—		—		—		39,913		—		3,647		—		36,266		39,913		(5,005)
Total EMEA	118		—		363,931		90		6,083,448		4,941,850		—		509,264		86		10,879,969		11,389,319		(2,328,056)
APAC Markets
Singapore	3		—		—		—		137,545		722,405		—		—		—		859,950		859,950		(335,413)	2010 - 2015

Sydney	4		—		18,285		—		3,868		174,150		—		19,221		—		177,082		196,303		(50,907)	2011 - 2012
Seoul	1		—		—		—		—		116,622		—		15,384		—		101,238		116,622		(11,708)	2022
Melbourne	2		—		4,467		—		—		95,045		—		2,712		—		96,800		99,512		(50,819)	2011
Hong Kong	1		—		—		—		—		79,612		—		—		—		79,612		79,612		(16,349)	2021
Asia Pacific - Other	—		—		—		—		—		6,128		—		—		—		6,128		6,128		(2,450)
Total APAC	11		—		22,752		—		141,413		1,193,962		—		37,317		—		1,320,810		1,358,127		(467,646)
Total Portfolio	230	$	135,000	$	942,144	$	90	$	10,417,274	$	16,390,670	$	(191,184)	$	1,108,251	$	86	$	26,450,657	$	27,558,994	$	(8,641,331)

(1) Tax Cost

The aggregate gross cost of the Company’s properties for U.S. federal income tax purposes approximated $44.5 billion (unaudited) as of December 31, 2024.

(2) Historical Cost and Accumulated Depreciation and Amortization

The following table reconciles the historical cost of the Company’s properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2024.

	Year Ended December 31,
	2024		2023		2022
Balance, beginning of year	$	27,306,368	$	26,136,057	$	23,625,450
Additions during period (acquisitions and improvements)		2,051,279		3,494,450		2,553,946
Deductions during period (dispositions, impairments and assets held for sale)		(1,798,653)		(2,324,139)		(43,339)
Balance, end of year	$	27,558,994	$	27,306,368	$	26,136,057

The following table reconciles accumulated depreciation and amortization of the Company’s properties for financial reporting purposes for each of the years in the three-year period ended December 31, 2024.

	Year Ended December 31,
	2024		2023		2022
Balance, beginning of year	$	7,823,685	$	7,268,981	$	6,210,281
Additions during period (depreciation and amortization expense)		1,228,311		1,338,912		1,079,497
Deductions during period (dispositions and assets held for sale)		(410,665)		(784,208)		(20,797)
Balance, end of year	$	8,641,331	$	7,823,685	$	7,268,981

Schedules other than those listed above are omitted because they are not applicable or the information required is included in the Consolidated Financial Statements or the notes thereto.