Investment in Real Estate (Tables)

12 Months Ended

Dec. 31, 2018

Investment in Real Estate

Summary of properties owned or leased

The following is a summary of the properties owned or leased by market at December 31, 2018 (in thousands):

			Buildings and		Construction in
Market	Land		Improvements		Progress		Total Cost
Boston	$	5,154	$	107,596	$	1,644	$	114,394
Chicago(1)		5,493		113,875		14,478		133,846
Denver		—		30,740		476		31,216
Los Angeles(1)		18,672		338,011		51,688		408,371
Miami		728		14,014		69		14,811
New York		2,729		152,956		33,796		189,481
Northern Virginia		22,793		346,209		94,623		463,625
San Francisco Bay		31,386		626,928		69,147		727,461
Total	$	86,955	$	1,730,329	$	265,921	$	2,083,205

(1) Refer to Note 3, Acquisitions, for further detail on CH2 and U.S. Colo acquisitions.

The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):

			Buildings and		Construction in
Market	Land		Improvements		Progress		Total Cost
Boston	$	5,154	$	106,317	$	28	$	111,499
Chicago		5,493		101,798		10,470		117,761
Denver		—		19,193		187		19,380
Los Angeles		28,467		273,000		44,503		345,970
Miami		728		11,612		28		12,368
New York		2,388		132,413		41,195		175,996
Northern Virginia		23,642		300,329		50,336		374,307
San Francisco Bay		31,386		616,394		16,156		663,936
Total	$	97,258	$	1,561,056	$	162,903	$	1,821,217