Dec 07, 2021

Iron Mountain signs 20MW lease with Fortune 100 customer

IronMountain
datacentres
Leasing
Fortune100
2 min
Data centre firm Iron Mountain has signed a 20MW multi-year lease with a Fortune 100 customer in its VA-2 data centre in Northern Virginia

Iron Mountain, a data centre firm based in the United States, has announced it has signed a multi-year lease of 20MW in its VA-2 data centre in Northern Virginia. The lease was signed in collaboration with a Fortune 100 customer, although no further details about the customer were given. 

The lease is expected to commence in phases from mid-2022 through mid-2023. Based on current design plans, together with this lease, Iron Mountain now expects the VA-2 facility to support 36 megawatts, up from 30 megawatts previously.

Iron Mountain has now signed new and expansion leases of approximately 44 megawatts year to date, significantly exceeding its previous target of at least 30 megawatts for the full-year 2021.

“We continue to see strong demand for comprehensive data centre solutions from our existing customer base,” said Mark Kidd, Executive Vice President and General Manager Iron Mountain Data Centers. “This 20 megawatt lease is indicative of our continued ability to support that demand and it reflects our commitment to strategically partner with our customers to meet their individual requirements.”

Iron Mountain’s data centre solutions 

 

Iron Mountain’s data centre solutions met all of the customer’s requirements, including scalable capacity, network proximity to other deployments, and a design that provides flexibility and reliability. The highly secure facility offers customers access to reliable and energy-efficient capacity in the heart of the world’s largest data centre and network ecosystem, Iron Mountain claims.

“Partnering with our customers in order to meet their individual needs is a key part of our core values and necessary to keep pace with our collective growth strategies,” stated Dottie Spruce, Head of Global Accounts, Iron Mountain Data Centers. “Offering a varied capacity portfolio enables us to meet the demands of both our retail customers as well as our hyperscale clients. The balance also enables us to effectively manage lease commencement dates and backlog revenue to manage our future growth.”

Image: Iron Mountain
 

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