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Iron Mountain expands planned data center capacity in Virginia
General
Data center campus acquisition in Richmond and campus extension in Manassas significantly strengthens Iron Mountain’s global data center portfolio, to support continued customer demand
PORTSMOUTH, N.H.--(BUSINESS WIRE)-- Iron Mountain (NYSE: IRM), a global leader in information management services, has acquired two data center development sites in Virginia - adding significant planned capacity to support its rapid growth in the data center market.
These latest acquisitions bring more than 100 acres to Iron Mountain’s data center development portfolio, and add an estimated 350+ megawatts (MW) of planned future capacity - taking the company’s total data center capacity to in excess of 1.2 gigawatts (GW) globally when fully developed.
Iron Mountain’s acquisition of a 66-acre development site in Richmond, VA will enable it to build a new data center campus with more than 200 MW of expected capacity. The company’s acquisition of a 40-acre development site in Manassas, VA enables two planned new data center buildings at its further expanded Manassas campus, offering an estimated 150 MW of additional capacity. This acquisition includes the planned development of an electricity substation to ensure continued uninterrupted power supply across the Manassas campus.
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