The Iron Mountain AZP-2 information center in Phoenix, Arizona. (Picture: Iron Mountain)
Iron Mountain has actually signed 2 leases amounting to 6 megawatts of capability at its AZP-2 information center in Phoenix, the business stated today. The occupant is an existing U.S.-based Fortune 100 innovation business, which has actually signed 2 leases to broaden its capability. The very first lease is a one-megawatt growth, which is anticipated to start in the 3rd quarter of 2021. The 2nd lease is for a 5-megawatt release, which is anticipated to start in the 4th quarter of 2021.
The offers continue Iron Mountain’s leasing success at AZP-2, a three-story center covering 530,000 square feet and as much as 48 megawatts of IT capability at complete built-out. The structure is a growth of the Phoenix school that Iron Mountain purchased through its acquisition of IO. Consisting of land held for future advancement, the 40-acre Iron Mountain Phoenix school will support more than 100 megawatts of IT load when totally established.
” We are delighted to broaden our assistance of among the world’s leading innovation business,” stated Rick Crutchley, Vice President & & General Supervisor, The United States And Canada at Iron Mountain Data Centers. “We anticipate to continue our well balanced leasing method, and will pursue the best hyperscale chances that match our core retail colocation environment.”
In 2015 a Fortune 100 consumer pre-leased 12 megawatts at AZP-2, structured through 2 6-megawatt offers. The very first 6 MW lease will start in 3Q 2021.
Phoenix has actually turned into one of the most vibrant information center development markets in the U.S. Users have actually long looked for area in Phoenix as an option to California places with greater expense and catastrophe danger. Phoenix has now end up being an information center location in its own right, bring in a bigger concentration of both clients and company at the same time. It is placed for extra development as clients continue to look for options to California due to current modifications in its danger profile.
Iron Mountain is a leading service provider of file storage, with more than 225,000 clients around the world, with a realty network of more than 90 million square feet throughout more than 1,480 centers. The business’s growing international information center footprint covers more than 3.5 million square feet throughout 15 places on 3 continents. Iron Mountain has actually increase its information center operations recently through both acquisitions (consisting of FORTRUST, IO, EvoSwitch and sale/leasebacks of business centers) and building of purpose-built facilities in markets like Northern Virginia, Singapore and with AZP-2 in Phoenix.