Item 2. Properties.
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Item 2. Properties.
As of December 31, 2019, we conducted operations through 1,150 leased facilities and 298 owned facilities. Our facilities are divided among our reportable operating segments as follows: Global RIM Business (1,378), Global Data Center Business (14) and Corporate and Other Business (56). These facilities contain a total of approximately 91.4 million square feet of space. A breakdown of owned and leased facilities by country (and by state within the United States) is listed below:
| Leased | Owned | Total | |||||||||||||||
| Country/State | Number | Square Feet | Number | Square Feet | Number | Square Feet | |||||||||||
| North America | |||||||||||||||||
| United States (Including Puerto Rico) | |||||||||||||||||
| Alabama | 3 | 312,473 | 1 | 12,621 | 4 | 325,094 | |||||||||||
| Arizona | 11 | 562,248 | 6 | 1,207,281 | 17 | 1,769,529 | |||||||||||
| Arkansas | 2 | 63,604 | — | — | 2 | 63,604 | |||||||||||
| California | 67 | 4,605,844 | 15 | 2,038,278 | 82 | 6,644,122 | |||||||||||
| Colorado | 8 | 466,336 | 6 | 517,700 | 14 | 984,036 | |||||||||||
| Connecticut | 4 | 199,114 | 6 | 665,013 | 10 | 864,127 | |||||||||||
| Delaware | 4 | 309,067 | 1 | 120,921 | 5 | 429,988 | |||||||||||
| District of Columbia | 3 | 62,436 | — | — | 3 | 62,436 | |||||||||||
| Florida | 35 | 2,379,072 | 5 | 263,930 | 40 | 2,643,002 | |||||||||||
| Georgia | 11 | 914,206 | 5 | 265,049 | 16 | 1,179,255 | |||||||||||
| Idaho | 2 | 105,021 | — | — | 2 | 105,021 | |||||||||||
| Illinois | 15 | 1,223,345 | 7 | 1,309,975 | 22 | 2,533,320 | |||||||||||
| Indiana | 7 | 470,536 | — | — | 7 | 470,536 | |||||||||||
| Iowa | 2 | 145,138 | 1 | 14,200 | 3 | 159,338 | |||||||||||
| Kansas | 3 | 253,919 | — | — | 3 | 253,919 | |||||||||||
| Kentucky | 3 | 116,000 | 4 | 418,760 | 7 | 534,760 | |||||||||||
| Louisiana | 8 | 428,475 | — | — | 8 | 428,475 | |||||||||||
| Maine | — | — | 1 | 95,000 | 1 | 95,000 | |||||||||||
| Maryland | 18 | 1,788,701 | 3 | 327,258 | 21 | 2,115,959 | |||||||||||
| Massachusetts (including Corporate Headquarters) | 10 | 614,244 | 8 | 1,173,503 | 18 | 1,787,747 | |||||||||||
| Michigan | 14 | 814,363 | 6 | 345,736 | 20 | 1,160,099 | |||||||||||
| Minnesota | 12 | 878,474 | — | — | 12 | 878,474 | |||||||||||
| Mississippi | 3 | 201,300 | — | — | 3 | 201,300 | |||||||||||
| Missouri | 10 | 1,225,648 | 5 | 373,120 | 15 | 1,598,768 | |||||||||||
| Montana | 3 | 35,990 | — | — | 3 | 35,990 | |||||||||||
| Nebraska | 1 | 34,560 | 3 | 316,970 | 4 | 351,530 | |||||||||||
| Nevada | 7 | 276,520 | 1 | 107,041 | 8 | 383,561 | |||||||||||
| New Hampshire | — | — | 1 | 146,467 | 1 | 146,467 | |||||||||||
| New Jersey | 32 | 2,562,177 | 11 | 2,906,688 | 43 | 5,468,865 | |||||||||||
| New Mexico | 3 | 151,473 | — | — | 3 | 151,473 | |||||||||||
| New York | 22 | 1,078,935 | 13 | 1,186,266 | 35 | 2,265,201 | |||||||||||
| North Carolina | 19 | 976,504 | 3 | 150,624 | 22 | 1,127,128 | |||||||||||
| Ohio | 15 | 1,159,492 | 5 | 290,291 | 20 | 1,449,783 | |||||||||||
| Oklahoma | 4 | 170,428 | 3 | 140,000 | 7 | 310,428 | |||||||||||
| Oregon | 11 | 384,296 | 1 | 55,621 | 12 | 439,917 | |||||||||||
| Pennsylvania | 21 | 1,928,979 | 8 | 2,485,495 | 29 | 4,414,474 | |||||||||||
| Puerto Rico | 4 | 237,969 | 1 | 54,352 | 5 | 292,321 | |||||||||||
| Rhode Island | 1 | 70,159 | 1 | 12,748 | 2 | 82,907 | |||||||||||
| South Carolina | 4 | 247,375 | 2 | 214,238 | 6 | 461,613 | |||||||||||
| Tennessee | 5 | 256,743 | 4 | 63,909 | 9 | 320,652 | |||||||||||
| Texas | 42 | 2,215,551 | 27 | 2,229,977 | 69 | 4,445,528 | |||||||||||
| Utah | 2 | 78,148 | 1 | 90,553 | 3 | 168,701 | |||||||||||
| Vermont | 2 | 55,200 | — | — | 2 | 55,200 | |||||||||||
| Virginia | 13 | 663,451 | 7 | 605,566 | 20 | 1,269,017 | |||||||||||
| Washington | 5 | 298,555 | 6 | 472,896 | 11 | 771,451 | |||||||||||
| West Virginia | 2 | 105,502 | — | — | 2 | 105,502 | |||||||||||
| Wisconsin | 8 | 408,533 | 1 | 10,655 | 9 | 419,188 | |||||||||||
| 481 | 31,536,104 | 179 | 20,688,702 | 660 | 52,224,806 | ||||||||||||
| Canada | 52 | 3,166,725 | 16 | 1,783,258 | 68 | 4,949,983 | |||||||||||
| 533 | 34,702,829 | 195 | 22,471,960 | 728 | 57,174,789 |
| Leased | Owned | Total | |||||||||||||||
| Country/State | Number | Square Feet | Number | Square Feet | Number | Square Feet | |||||||||||
| International | |||||||||||||||||
| Argentina | 4 | 225,334 | 5 | 469,748 | 9 | 695,082 | |||||||||||
| Australia | 48 | 3,188,941 | 2 | 33,845 | 50 | 3,222,786 | |||||||||||
| Austria | 1 | 3,300 | 1 | 30,000 | 2 | 33,300 | |||||||||||
| Belgium | 4 | 202,106 | 1 | 104,391 | 5 | 306,497 | |||||||||||
| Brazil | 41 | 2,813,952 | 7 | 324,655 | 48 | 3,138,607 | |||||||||||
| Bulgaria | 3 | 182,911 | — | — | 3 | 182,911 | |||||||||||
| Chile | 12 | 423,507 | 7 | 258,147 | 19 | 681,654 | |||||||||||
| China Mainland (including China-Taiwan and China-Macau S.A.R.) | 37 | 1,077,038 | 1 | 20,518 | 38 | 1,097,556 | |||||||||||
| China - Hong Kong S.A.R. | 9 | 841,253 | — | — | 9 | 841,253 | |||||||||||
| Colombia | 21 | 709,398 | — | — | 21 | 709,398 | |||||||||||
| Croatia | 1 | 36,737 | 1 | 36,447 | 2 | 73,184 | |||||||||||
| Cyprus | 2 | 51,128 | 2 | 43,648 | 4 | 94,776 | |||||||||||
| Czech Republic | 7 | 157,732 | — | — | 7 | 157,732 | |||||||||||
| Denmark | 3 | 161,361 | — | — | 3 | 161,361 | |||||||||||
| England | 58 | 2,943,169 | 24 | 1,414,823 | 82 | 4,357,992 | |||||||||||
| Estonia | 1 | 38,861 | — | — | 1 | 38,861 | |||||||||||
| Finland | 3 | 107,952 | — | — | 3 | 107,952 | |||||||||||
| France | 32 | 2,109,248 | 12 | 936,486 | 44 | 3,045,734 | |||||||||||
| Germany | 16 | 724,595 | 2 | 93,226 | 18 | 817,821 | |||||||||||
| Greece | 4 | 291,273 | — | — | 4 | 291,273 | |||||||||||
| Hungary | 7 | 350,898 | — | — | 7 | 350,898 | |||||||||||
| India | 89 | 3,017,245 | — | — | 89 | 3,017,245 | |||||||||||
| Indonesia | 2 | 80,988 | 1 | 37,674 | 3 | 118,662 | |||||||||||
| Ireland | 6 | 157,153 | 3 | 158,558 | 9 | 315,711 | |||||||||||
| Latvia | 2 | 58,710 | — | — | 2 | 58,710 | |||||||||||
| Lithuania | 2 | 60,543 | — | — | 2 | 60,543 | |||||||||||
| Malaysia | 9 | 586,687 | — | — | 9 | 586,687 | |||||||||||
| Mexico | 10 | 475,341 | 8 | 585,885 | 18 | 1,061,226 | |||||||||||
| The Netherlands | 9 | 670,006 | 3 | 102,199 | 12 | 772,205 | |||||||||||
| New Zealand | 6 | 413,959 | — | — | 6 | 413,959 | |||||||||||
| Northern Ireland | 3 | 129,083 | — | — | 3 | 129,083 | |||||||||||
| Norway | 5 | 194,321 | — | — | 5 | 194,321 | |||||||||||
| Peru | 5 | 82,256 | 10 | 433,770 | 15 | 516,026 | |||||||||||
| Philippines | 11 | 238,250 | — | — | 11 | 238,250 | |||||||||||
| Poland | 20 | 760,901 | — | — | 20 | 760,901 | |||||||||||
| Romania | 7 | 412,214 | — | — | 7 | 412,214 | |||||||||||
| Scotland | 3 | 139,722 | 3 | 136,378 | 6 | 276,100 | |||||||||||
| Serbia | 2 | 75,217 | — | — | 2 | 75,217 | |||||||||||
| Singapore | 6 | 298,848 | 3 | 345,056 | 9 | 643,904 | |||||||||||
| Slovakia | 4 | 143,922 | — | — | 4 | 143,922 | |||||||||||
| South Africa | 16 | 408,288 | — | — | 16 | 408,288 | |||||||||||
| South Korea | 10 | 290,726 | — | — | 10 | 290,726 | |||||||||||
| Spain | 39 | 983,659 | 5 | 170,707 | 44 | 1,154,366 | |||||||||||
| Sweden | 6 | 759,793 | — | — | 6 | 759,793 | |||||||||||
| Switzerland | 12 | 292,792 | — | — | 12 | 292,792 | |||||||||||
| Thailand | 4 | 212,285 | 2 | 105,487 | 6 | 317,772 | |||||||||||
| Turkey | 9 | 706,321 | — | — | 9 | 706,321 | |||||||||||
| United Arab Emirates | 6 | 74,605 | — | — | 6 | 74,605 | |||||||||||
| 617 | 28,364,529 | 103 | 5,841,648 | 720 | 34,206,177 | ||||||||||||
| Total | 1,150 | 63,067,358 | 298 | 28,313,608 | 1,448 | 91,380,966 |
The leased facilities typically have initial lease terms of five to 10 years with one or more renewal options. In addition, some of the leases contain either a purchase option or a right of first refusal upon the sale of the property. We believe that the space available in our facilities is adequate to meet our current needs, although future growth may require that we lease or purchase additional real property.
Our total building utilization and total racking utilization by region as of December 31, 2019 in Records Management and Data Management are as follows:
| Records Management(1) | Data Management(2) | |||||||||||
| Region | Building Utilization | Racking Utilization | Building Utilization | Racking Utilization | ||||||||
| North America | 84 | % | 89 | % | 80 | % | 89 | % | ||||
| Europe(3) | 83 | % | 91 | % | 49 | % | 74 | % | ||||
| Latin America | 87 | % | 92 | % | 69 | % | 82 | % | ||||
| Asia | 82 | % | 91 | % | 76 | % | 82 | % | ||||
| Total | 84 | % | 90 | % | 73 | % | 86 | % |
| (1) | Total building utilization and total racking utilization for Records Management includes the utilization for IGDS and Consumer Storage. |
| (2) | Total building utilization and total racking utilization for Data Management excludes certain data management operations of Recall, as Recall's unit of measurement for computer media was not consistent with ours. |
| (3) | Includes the Records Management and Data Management businesses in South Africa and United Arab Emirates. |
See Note 2.m. to Notes to Consolidated Financial Statements included in this Annual Report for information regarding our minimum annual lease commitments as a lessee.
See Schedule III—Schedule of Real Estate and Accumulated Depreciation in this Annual Report for information regarding the cost, accumulated depreciation and encumbrances associated with our owned real estate.
The following table sets forth a summary of the lease expirations for leases in place related to our Global Data Center Business, for which we are the lessor, as of December 31, 2019. The information set forth in the table assumes that tenants exercise no renewal options and all early termination rights.
| Year | Number of Leases Expiring | Total Megawatts Expiring | Percentage of Total Megawatts Expiring | Annualized Total Contract Rent Expiring (In thousands) | Percentage of Total Contract Value Annualized Rent | |||||||||||
| 2020 | 610 | 27.6 | 25.3 | % | $ | 72,784 | 28.1 | % | ||||||||
| 2021 | 346 | 20.2 | 18.5 | % | 62,083 | 23.9 | % | |||||||||
| 2022 | 232 | 12.6 | 11.5 | % | 31,007 | 12.0 | % | |||||||||
| 2023 | 79 | 9.5 | 8.7 | % | 22,652 | 8.7 | % | |||||||||
| 2024 | 30 | 6.7 | 6.1 | % | 16,121 | 6.2 | % | |||||||||
| 2025 | 20 | 7.6 | 7.0 | % | 17,061 | 6.6 | % | |||||||||
| 2026 | 2 | 0.1 | — | % | 157 | 0.1 | % | |||||||||
| Thereafter | 17 | 24.9 | 22.9 | % | 37,375 | 14.4 | % | |||||||||
| Total | 1,336 | 109.2 | 100.0 | % | $ | 259,240 | 100.0 | % |
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