Item 2. Properties

Our executive offices are located in Redwood City, California, with sales offices in several cities throughout the U.S. Our EMEA headquarters office is located in Amsterdam, the Netherlands and we also have sales offices in several cities throughout EMEA. Our Asia-Pacific headquarters office is located in Hong Kong and we also have sales offices in several cities throughout Asia-Pacific.

The following tables present the locations of our leased and owned IBX data centers and xScaleTM data centers investments as of December 31, 2024, as well as one data center which opened in February 2025.

						AMERICAS
						Metro						Leased (1)						Owned (1) (2)
						Atlanta						●						●
						Bogotá												●
						Boston												●
			Calgary						●						●
			Chicago						●						●
			Culpeper												●
			Dallas						●						●
			Washington, D.C./Ashburn						●						●
			Denver						●						●
			Houston												●
			Kamloops												●
			Lima												●
			Los Angeles						●						●
			Mexico City												●
			Miami						●						●
			Monterrey						●
			Montreal												●
			New York						●						●
			Ottawa												●
			Philadelphia						●
			Rio de Janeiro						●						●
			Saint John												●
			Santiago												●
			São Paulo												●
			Seattle						●						●
			Silicon Valley						●						●
			Toronto						●						●
						Vancouver						●
						Winnipeg						●

						EMEA
						Metro						Leased (1)						Owned (1) (2)
						Abidjan												●
						Abu Dhabi						●
						Accra												●
						Amsterdam						●						●
						Barcelona						●						●
			Bordeaux												●
			Dubai						●						●
			Dublin												●
			Düsseldorf												●
			East Netherlands						●
			Frankfurt						●						●
			Geneva						●						●
			Genoa												●
			Hamburg												●
			Helsinki						●						●
			Istanbul												●
			Johannesburg						●
			Lagos												●
			Lisbon												●
			London						●						●
			Madrid						●						●
			Manchester						●						●
			Milan						●						●
			Munich						●						●
			Muscat												●
			Paris						●						●
			Sofia												●
			Stockholm						●						●
						Warsaw						●						●
						Zurich						●						●

Asia-Pacific
Metro						Leased (1)						Owned (1) (2)
Adelaide												●
Brisbane												●
Canberra												●
Hong Kong						●
Jakarta						●
Johor												●
Kuala Lumpur						●
Melbourne												●
Mumbai						●						●
Osaka						●						●
Perth												●
Seoul						●						●
Shanghai						●						●
Singapore						●						●
Sydney						●						●
Tokyo						●						●

(1)"●" denotes locations with one or more data centers.

(2)Owned sites include IBX data centers subject to long-term ground leases.

The following table presents an overview of our portfolio of IBX data centers as of December 31, 2024:

(1)Excludes 21 unconsolidated data centers (20 xScale data centers and the MC1 IBX data center) and includes the JK1 data center which opened in February 2025. The JK1 data center is included in the # of IBXs only.

(2)Cabinets represent a specific amount of space within an IBX data center. Customers can combine and use multiple adjacent cabinets within an IBX data center, depending on their space requirements.

(3)The cabinet utilization rate represents the percentage of cabinet space billed versus total cabinet capacity, taking into consideration power limitations.

(4)MRR per cabinet represents average monthly recurring revenue recognized divided by the average number of cabinets billed during the fourth quarter of the year. Americas MRR per cabinet excludes Infomart non-IBX tenant income and EMEA MRR per cabinet excludes MainOne revenue.

The following table presents a summary of our significant IBX data center projects under construction as of December 31, 2024:

(1)Capital expenditures are approximate and may change based on final construction details.