SCHEDULE III - SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Schedule of Real Estate and Accumulated Depreciation

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2019

(Dollars in thousands)

Schedule III - Schedule of Real Estate and Accumulated Depreciation ("Schedule III") reflects the cost and associated accumulated depreciation for the real estate facilities that are owned. The gross cost included in Schedule III includes the cost for land, land improvements, buildings, building improvements and racking. Schedule III does not reflect the 1,150 leased facilities in our real estate portfolio. In addition, Schedule III does not include any value for financing leases for property that is classified as land, buildings and building improvements in our consolidated financial statements.

The following table presents a reconciliation of the gross amount of real estate assets, as presented in Schedule III below, to the sum of the historical book value of land, buildings and building improvements, racking and construction in progress as disclosed in Note 2.f. to Notes to Consolidated Financial Statements as of December 31, 2019:



Gross Amount of Real Estate Assets, As Reported on Schedule III	$	3,856,515

Add Reconciling Items:
Book value of racking included in leased facilities(1)	1,321,159
Book value of financing leases(2)	439,166
Book value of construction in progress(3)	280,108
Book value of other(4)	73,182
Total Reconciling Items	2,113,615
Gross Amount of Real Estate Assets, As Disclosed in Note 2.f.	$	5,970,130

_______________________________________________________________________________


(1)	Represents the gross book value of racking installed in our 1,150 leased facilities, which is included in historical book value of racking in Note 2.f., but excluded from Schedule III.


(2)	Represents the gross book value of buildings and building improvements that are subject to financing leases, which are included in the historical book value of building and building improvements in Note 2.f., but excluded from Schedule III.

(3)

Represents the gross book value of non-real estate assets that are included in the historical book value of construction in progress assets in Note 2.f., but excluded from Schedule III, as such assets are not considered real estate associated with owned buildings. The historical book value of real estate assets associated with owned buildings that were related to construction in progress as of December 31, 2019 is included in Schedule III.


(4)	Represents the gross book value of owned land that is either (i) associated with buildings that are subject to financing leases or (ii) under development, which are included in the historical book value of either land or construction in progress, respectively, in Note 2.f., but excluded from Schedule III.

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)

The following table presents a reconciliation of the accumulated depreciation of real estate assets, as presented in Schedule III below, to the total accumulated depreciation for all property, plant and equipment presented on our Consolidated Balance Sheet as of December 31, 2019:



Accumulated Depreciation of Real Estate Assets, As Reported on Schedule III	$	1,072,013
Add Reconciling Items:
Accumulated Depreciation - non-real estate assets(1)	1,412,193
Accumulated Depreciation - racking in leased facilities(2)	817,069
Accumulated Depreciation - financing leases(3)	124,594
Total Reconciling Items	2,353,856
Accumulated Depreciation, As Reported on Consolidated Balance Sheet	$	3,425,869

_______________________________________________________________________________


(1)	Represents the accumulated depreciation of non-real estate assets that is included in the total accumulated depreciation of property, plant and equipment on our Consolidated Balance Sheet, but excluded from Schedule III as the assets to which this accumulated depreciation relates are not considered real estate assets associated with owned buildings.


(2)	Represents the accumulated depreciation of racking as of December 31, 2019 installed in our 1,150 leased facilities, which is included in total accumulated depreciation of property, plant and equipment on our Consolidated Balance Sheet, but excluded from Schedule III, as disclosed in Footnote 1 to Schedule III.


(3)	Represents the accumulated depreciation of buildings and building improvements as of December 31, 2019 that are subject to financing leases, which is included in the total accumulated depreciation of property, plant and equipment on our Consolidated Balance Sheet, but excluded from Schedule III, as disclosed in Footnote 1 to Schedule III.

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)		(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)		Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
North America
United States (Including Puerto Rico)
140 Oxmoor Ct, Birmingham, Alabama	1	$	—	$	1,322	$	953	$	2,275	$	1,107	2001		Up to 40 years
1420 North Fiesta Blvd, Gilbert, Arizona	1	—		1,637		2,737		4,374		1,937		2001		Up to 40 years
4802 East Van Buren, Phoenix, Arizona	1	—		15,599		141,274		156,873		257		2019		Up to 40 years
615 North 48th Street, Phoenix, Arizona	1	—		423,107		15,322		438,429		28,395		2018	(5)	Up to 40 years
2955 S. 18th Place, Phoenix, Arizona	1	—		12,178		11,461		23,639		5,227		2007		Up to 40 years
4449 South 36th St, Phoenix, Arizona	1	—		7,305		1,045		8,350		5,002		2012		Up to 40 years
8521 E. Princess Drive, Scottsdale, Arizona	1	—		87,865		1,302		89,167		8,139		2018	(5)	Up to 40 years
13379 Jurupa Ave, Fontana, California	1	—		10,472		8,714		19,186		9,930		2002		Up to 40 years
600 Burning Tree Rd, Fullerton, California	1	—		4,762		1,897		6,659		2,969		2002		Up to 40 years
21063 Forbes St., Hayward, California	1	—		13,407		351		13,758		2,666		2019	(7)	Up to 40 years
5086 4th St, Irwindale, California	1	—		6,800		2,523		9,323		3,589		2002		Up to 40 years
6933 Preston Ave, Livermore, California	1	—		14,585		13,927		28,512		10,535		2002		Up to 40 years
1006 North Mansfield, Los Angeles, California	1	—		749		—		749		109		2014		Up to 40 years
1025 North Highland Ave, Los Angeles, California	1	—		10,168		26,191		36,359		13,914		1988		Up to 40 years
1350 West Grand Ave, Oakland, California	1	—		15,172		6,224		21,396		14,882		1997		Up to 40 years
1760 North Saint Thomas Circle, Orange, California	1	—		4,576		495		5,071		1,842		2002		Up to 40 years
8700 Mercury Lane, Pico Rivera, California	1	—		27,957		213		28,170		9,584		2012		Up to 40 years
8661 Kerns St, San Diego, California	1	—		10,512		6,821		17,333		7,352		2002		Up to 40 years
1915 South Grand Ave, Santa Ana, California	1	—		3,420		1,261		4,681		1,954		2001		Up to 40 years
2680 Sequoia Dr, South Gate, California	1	—		6,329		2,251		8,580		4,177		2002		Up to 40 years
336 Oyster Point Blvd, South San Francisco, California	1	—		15,100		18		15,118		2,168		2019	(7)	Up to 40 years
25250 South Schulte Rd, Tracy, California	1	—		3,049		1,774		4,823		2,080		2001		Up to 40 years
3576 N. Moline, Aurora, Colorado	1	—		1,583		4,390		5,973		1,810		2001		Up to 40 years
North Stone Ave, Colorado Springs, Colorado	2	—		761		2,718		3,479		1,771		2001		Up to 40 years
4300 Brighton Boulevard, Denver, Colorado	1	—		116,336		19,117		135,453		9,503		2017		Up to 40 years
11333 E 53rd Ave, Denver, Colorado	1	—		7,403		10,215		17,618		9,330		2001		Up to 40 years
5151 E. 46th Ave, Denver, Colorado	1	—		6,312		709		7,021		1,528		2014		Up to 40 years
20 Eastern Park Rd, East Hartford, Connecticut	1	—		7,417		1,891		9,308		6,125		2002		Up to 40 years
Bennett Rd, Suffield, Connecticut	2	—		1,768		933		2,701		1,373		2000		Up to 40 years
Kennedy Road, Windsor, Connecticut	2	—		10,447		31,140		41,587		20,432		2001		Up to 40 years
293 Ella Grasso Rd, Windsor Locks, Connecticut	1	—		4,021		2,019		6,040		2,846		2002		Up to 40 years
150-200 Todds Ln, Wilmington, Delaware	1	—		7,226		1,044		8,270		5,036		2002		Up to 40 years
13280 Vantage Way, Jacksonville, Florida	1	—		1,853		567		2,420		938		2001		Up to 40 years
12855 Starkey Rd, Largo, Florida	1	—		3,293		2,966		6,259		3,187		2001		Up to 40 years
7801 Riviera Blvd, Miramar, Florida	1	—		8,250		221		8,471		808		2017		Up to 40 years

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)		(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)		Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
United States (Including Puerto Rico) (continued)
10002 Satellite Blvd, Orlando, Florida	1	$	—	$	1,927	$	295	$	2,222	$	886	2001		Up to 40 years
3501 Electronics Way, West Palm Beach, Florida	1	—		4,201		13,678		17,879		6,968		2001		Up to 40 years
1890 MacArthur Blvd, Atlanta Georgia	1	—		1,786		742		2,528		1,123		2002		Up to 40 years
3881 Old Gordon Rd, Atlanta, Georgia	1	—		1,185		326		1,511		863		2001		Up to 40 years
5319 Tulane Drive SW, Atlanta, Georgia	1	—		2,808		3,940		6,748		3,146		2002		Up to 40 years
6111 Live Oak Parkway, Norcross, Georgia	1	—		3,542		1,648		5,190		390		2017		Up to 40 years
3150 Nifda Dr, Smyrna, Georgia	1	—		463		770		1,233		731		1990		Up to 40 years
1301 S. Rockwell St, Chicago, Illinois	1	—		7,947		19,657		27,604		15,927		1999		Up to 40 years
2211 W. Pershing Rd, Chicago, Illinois	1	—		4,264		13,979		18,243		8,435		2001		Up to 40 years
2425 South Halsted St, Chicago, Illinois	1	—		7,470		1,658		9,128		4,310		2006		Up to 40 years
2604 West 13th St, Chicago, Illinois	1	—		404		2,818		3,222		2,799		2001		Up to 40 years
2255 Pratt Blvd, Elk Grove, Illinois	1	—		1,989		3,892		5,881		1,516		2000		Up to 40 years
4175 Chandler Dr Opus No. Corp, Hanover Park, Illinois	1	—		22,048		2,461		24,509		9,552		2014		Up to 40 years
2600 Beverly Drive, Lincoln, Illinois	1	—		1,378		923		2,301		254		2015		Up to 40 years
6090 NE 14th Street, Des Moines, Iowa	1	—		622		504		1,126		408		2003		Up to 40 years
South 7th St, Louisville, Kentucky	4	—		709		13,427		14,136		5,302		Various		Up to 40 years
26 Parkway Drive (fka 133 Pleasant), Scarborough, Maine	1	—		8,337		387		8,724		3,151		2015	(7)	Up to 40 years
8928 McGaw Ct, Columbia, Maryland	1	—		2,198		6,416		8,614		3,591		1999		Up to 40 years
10641 Iron Bridge Rd, Jessup, Maryland	1	—		3,782		1,337		5,119		2,618		2000		Up to 40 years
8275 Patuxent Range Rd, Jessup, Maryland	1	—		10,105		7,703		17,808		10,037		2001		Up to 40 years
96 High St, Billerica, Massachusetts	1	—		3,221		3,926		7,147		3,661		1998		Up to 40 years
120 Hampden St, Boston, Massachusetts	1	—		164		930		1,094		542		2002		Up to 40 years
32 George St, Boston, Massachusetts	1	—		1,820		5,391		7,211		5,431		1991		Up to 40 years
3435 Sharps Lot Rd, Dighton, Massachusetts	1	—		1,911		788		2,699		2,085		1999		Up to 40 years
77 Constitution Boulevard, Franklin, Massachusetts	1	—		5,413		218		5,631		713		2014		Up to 40 years
216 Canal St, Lawrence, Massachusetts	1	—		1,298		1,089		2,387		1,270		2001		Up to 40 years
Bearfoot Road, Northboro, Massachusetts	2	—		55,923		12,506		68,429		40,067		Various		Up to 40 years
38300 Plymouth Road, Livonia, Michigan	1	—		10,285		1,243		11,528		3,937		2015	(7)	Up to 40 years
6601 Sterling Dr South, Sterling Heights, Michigan	1	—		1,294		1,150		2,444		1,240		2002		Up to 40 years
1985 Bart Ave, Warren, Michigan	1	—		1,802		530		2,332		1,113		2000		Up to 40 years
Wahl Court, Warren, Michigan	2	—		3,426		2,635		6,061		3,705		Various		Up to 40 years
31155 Wixom Rd, Wixom, Michigan	1	—		4,000		1,381		5,381		2,687		2001		Up to 40 years
3140 Ryder Trail South, Earth City, Missouri	1	—		3,072		3,398		6,470		2,351		2004		Up to 40 years
Missouri Bottom Road, Hazelwood, Missouri	4	—		28,282		4,969		33,251		7,708		Various	(7)	Up to 40 years
Leavenworth St/18th St, Omaha, Nebraska	3	—		2,924		19,736		22,660		7,533		Various		Up to 40 years
4105 North Lamb Blvd, Las Vegas, Nevada	1	—		3,430		8,957		12,387		5,850		2002		Up to 40 years
17 Hydro Plant Rd, Milton, New Hampshire	1	—		6,179		4,351		10,530		6,523		2001		Up to 40 years

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)		(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)		Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
United States (Including Puerto Rico) (continued)
Kimberly Rd, East Brunsick, New Jersey	3	$	—	$	22,105	$	5,924	$	28,029	$	14,303	Various		Up to 40 years
3003 Woodbridge Avenue, Edison, New Jersey	1	—		310,404		36,772		347,176		19,038		2018	(5)	Up to 40 years
811 Route 33, Freehold, New Jersey	3	—		38,697		55,396		94,093		52,431		Various		Up to 40 years
51-69 & 77-81 Court St, Newark, New Jersey	1	—		11,734		9,774		21,508		1,478		2015		Up to 40 years
560 Irvine Turner Blvd, Newark, New Jersey	1	—		9,522		709		10,231		858		2015		Up to 40 years
231 Johnson Ave, Newark, New Jersey	1	—		8,945		1,855		10,800		905		2015		Up to 40 years
650 Howard Avenue, Somerset, New Jersey	1	—		3,585		11,808		15,393		6,027		2006		Up to 40 years
100 Bailey Ave, Buffalo, New York	1	—		1,324		11,086		12,410		6,584		1998		Up to 40 years
64 Leone Ln, Chester, New York	1	—		5,086		1,132		6,218		3,482		2000		Up to 40 years
1368 County Rd 8, Farmington, New York	1	—		2,611		4,788		7,399		4,609		1998		Up to 40 years
County Rd 10, Linlithgo, New York	2	—		102		2,959		3,061		1,646		2001		Up to 40 years
77 Seaview Blvd, N. Hempstead New York	1	—		5,719		1,442		7,161		2,721		2006		Up to 40 years
37 Hurds Corner Road, Pawling, New York	1	—		4,323		1,285		5,608		2,271		2005		Up to 40 years
Ulster Ave/Route 9W, Port Ewen, New York	3	—		23,137		11,277		34,414		22,318		2001		Up to 40 years
Binnewater Rd, Rosendale, New York	2	—		5,142		11,664		16,806		7,062		Various		Up to 40 years
220 Wavel St, Syracuse, New York	1	—		2,929		2,712		5,641		2,924		1997		Up to 40 years
2235 Cessna Drive, Burlington, North Carolina	1	—		1,602		328		1,930		222		2015		Up to 40 years
14500 Weston Pkwy, Cary, North Carolina	1	—		1,880		2,224		4,104		1,909		1999		Up to 40 years
826 Church Street, Morrisville, North Carolina	1	—		7,087		266		7,353		1,335		2017		Up to 40 years
1275 East 40th, Cleveland, Ohio	1	—		3,129		599		3,728		2,041		1999		Up to 40 years
7208 Euclid Avenue, Cleveland, Ohio	1	—		3,336		3,268		6,604		3,185		2001		Up to 40 years
4260 Tuller Ridge Rd, Dublin, Ohio	1	—		1,030		1,881		2,911		1,483		1999		Up to 40 years
3366 South Tech Boulevard, Miamisburg, Ohio	1	—		29,092		507		29,599		2,013		2018	(5)	Up to 40 years
302 South Byrne Rd, Toledo, Ohio	1	—		602		1,081		1,683		752		2001		Up to 40 years
Partnership Drive, Oklahoma City, Oklahoma	3	—		11,437		313		11,750		3,286		2015	(7)	Up to 40 years
7530 N. Leadbetter Road, Portland, Oregon	1	—		5,187		1,874		7,061		4,170		2002		Up to 40 years
Branchton Rd, Boyers, Pennsylvania	3	—		21,166		232,609		253,775		61,886		Various		Up to 40 years
800 Carpenters Crossings, Folcroft, Pennsylvania	1	—		2,457		953		3,410		2,069		2000		Up to 40 years
36 Great Valley Pkwy, Malvern, Pennsylvania	1	—		2,397		7,076		9,473		4,420		1999		Up to 40 years
2300 Newlins Mill Road, Palmer Township, Pennsylvania	1	—		18,365		9,027		27,392		1,412		2017		Up to 40 years
Henderson Dr/Elmwood Ave, Sharon Hill, Pennsylvania	2	—		24,153		105		24,258		12,362		Various		Up to 40 years
Las Flores Industrial Park, Rio Grande, Puerto Rico	1	—		4,185		3,447		7,632		4,416		2001		Up to 40 years
24 Snake Hill Road, Chepachet, Rhode Island	1	—		2,659		2,202		4,861		2,928		2001		Up to 40 years
1061 Carolina Pines Road, Columbia, South Carolina	1	—		11,776		2,340		14,116		3,223		2016	(7)	Up to 40 years
2301 Prosperity Way, Florence, South Carolina	1	—		2,846		1,258		4,104		1,217		2016	(7)	Up to 40 years
Mitchell Street, Knoxville, Tennessee	2	—		718		4,557		5,275		2,022		Various		Up to 40 years
6005 Dana Way, Nashville, Tennessee	2	—		1,827		2,915		4,742		1,921		2000		Up to 40 years

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)		(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)		Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
United States (Including Puerto Rico) (continued)
11406 Metric Blvd, Austin, Texas	1	$	—	$	5,489	$	2,211	$	7,700	$	4,090	2002		Up to 40 years
6600 Metropolis Drive, Austin, Texas	1	—		4,519		454		4,973		1,358		2011		Up to 40 years
Capital Parkway, Carrollton, Texas	3	—		8,299		246		8,545		2,661		2015	(7)	Up to 40 years
1800 Columbian Club Dr, Carrolton, Texas	1	—		19,673		1,179		20,852		9,438		2013		Up to 40 years
1905 John Connally Dr, Carrolton, Texas	1	—		2,174		791		2,965		1,387		2000		Up to 40 years
13425 Branchview Ln, Dallas, Texas	1	—		3,518		3,680		7,198		4,193		2001		Up to 40 years
Cockrell Ave, Dallas, Texas	1	—		1,277		1,596		2,873		1,979		2000		Up to 40 years
1819 S. Lamar St, Dallas, Texas	1	—		3,215		1,083		4,298		2,578		2000		Up to 40 years
2000 Robotics Place Suite B, Fort Worth, Texas	1	—		5,328		2,065		7,393		2,951		2002		Up to 40 years
1202 Ave R, Grand Prairie, Texas	1	—		8,354		2,173		10,527		5,947		2003		Up to 40 years
15333 Hempstead Hwy, Houston, Texas	3	—		6,327		37,648		43,975		13,034		2004		Up to 40 years
2600 Center Street, Houston, Texas	1	—		2,840		2,172		5,012		2,575		2000		Up to 40 years
3502 Bissonnet St, Houston, Texas	1	—		7,687		692		8,379		5,840		2002		Up to 40 years
5249 Glenmont Ave, Houston, Texas	1	—		3,467		2,401		5,868		2,753		2000		Up to 40 years
5707 Chimney Rock, Houston, Texas	1	—		1,032		1,189		2,221		1,089		2002		Up to 40 years
5757 Royalton Dr, Houston, Texas	1	—		1,795		994		2,789		1,300		2000		Up to 40 years
6203 Bingle Rd, Houston, Texas	1	—		3,188		11,476		14,664		8,672		2001		Up to 40 years
7800 Westpark, Houston, Texas	1	—		6,323		1,276		7,599		1,832		2015	(7)	Up to 40 years
9601 West Tidwell, Houston, Texas	1	—		1,680		2,305		3,985		1,302		2001		Up to 40 years
15300 FM 1825, Pflugerville, Texas	2	—		3,811		7,952		11,763		5,042		2001		Up to 40 years
930 Avenue B, San Antonio, Texas	1	—		393		245		638		259		1998		Up to 40 years
931 North Broadway, San Antonio, Texas	1	—		3,526		1,144		4,670		2,857		1999		Up to 40 years
1665 S. 5350 West, Salt Lake City, Utah	1	—		6,239		4,270		10,509		5,236		2002		Up to 40 years
11052 Lakeridge Pkwy, Ashland, Virginia	1	—		1,709		1,924		3,633		1,842		1999		Up to 40 years
2301 International Parkway, Fredericksburg, Virginia	1	—		20,980		30		21,010		5,777		2015	(7)	Up to 40 years
4555 Progress Road, Norfolk, Virginia	1	—		6,527		1,088		7,615		3,297		2011		Up to 40 years
3725 Thirlane Rd. N.W., Roanoke, Virginia	1	—		2,577		172		2,749		1,119		2015	(7)	Up to 40 years
7700-7730 Southern Dr, Springfield, Virginia	1	—		14,167		2,651		16,818		9,475		2002		Up to 40 years
8001 Research Way, Springfield, Virginia	1	—		5,230		2,790		8,020		3,384		2002		Up to 40 years
22445 Randolph Dr, Sterling, Virginia	1	—		7,598		3,724		11,322		6,018		2005		Up to 40 years
307 South 140th St, Burien, Washington	1	—		2,078		2,367		4,445		2,323		1999		Up to 40 years
8908 W. Hallett Rd, Cheney, Washington	1	—		510		4,259		4,769		2,066		1999		Up to 40 years
6600 Hardeson Rd, Everett, Washington	1	—		5,399		3,404		8,803		3,543		2002		Up to 40 years
19826 Russell Rd, South, Kent, Washington	1	—		14,793		9,752		24,545		10,705		2002		Up to 40 years
1201 N. 96th St, Seattle, Washington	1	—		4,496		2,112		6,608		3,556		2001		Up to 40 years
4330 South Grove Road, Spokane, Washington	1	—		3,906		850		4,756		472		2015		Up to 40 years
12021 West Bluemound Road, Wauwatosa, Wisconsin	1	—		1,307		2,124		3,431		1,445		1999		Up to 40 years
	179	—		1,908,077		1,070,345		2,978,422		791,249

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)			(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)			Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)	Life on which depreciation in latest income statement is computed
Canada
One Command Court, Bedford	1	$	—	$	3,847	$	4,482		$	8,329	$	4,126	2000	Up to 40 years
195 Summerlea Road, Brampton	1	—		5,403		6,479			11,882		5,357		2000	Up to 40 years
10 Tilbury Court, Brampton	1	—		5,007		17,257			22,264		7,916		2000	Up to 40 years
8825 Northbrook Court, Burnaby	1	—		8,091		2,062			10,153		4,648		2001	Up to 40 years
8088 Glenwood Drive, Burnaby	1	—		4,326		7,114			11,440		4,658		2005	Up to 40 years
5811 26th Street S.E., Calgary	1	—		14,658		8,509			23,167		11,114		2000	Up to 40 years
3905-101 Street, Edmonton	1	—		2,020		640			2,660		1,578		2000	Up to 40 years
68 Grant Timmins Drive, Kingston	1	—		3,639		660			4,299		330		2016	Up to 40 years
3005 Boul. Jean-Baptiste Deschamps, Lachine	1	—		2,751		138			2,889		1,382		2000	Up to 40 years
1655 Fleetwood, Laval	1	—		8,196		18,161			26,357		12,687		2000	Up to 40 years
4005 Richelieu, Montreal	1	—		1,800		2,531			4,331		1,699		2000	Up to 40 years
1209 Algoma Rd, Ottawa	1	—		1,059		6,899			7,958		4,019		2000	Up to 40 years
1650 Comstock Rd, Ottawa	1	—		7,478		(70		)	7,408		2,647		2017	Up to 40 years
235 Edson Street, Saskatoon	1	—		829		1,676			2,505		855		2008	Up to 40 years
640 Coronation Drive, Scarborough	1	—		1,853		1,208			3,061		1,279		2000	Up to 40 years
610 Sprucewood Ave, Windsor	1	—		1,243		667			1,910		676		2007	Up to 40 years
	16	—		72,200		78,413			150,613		64,971
	195	—		1,980,277		1,148,758			3,129,035		856,220

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)			(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)			Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
Europe
Gewerbeparkstr. 3, Vienna, Austria	1	$	—	$	6,542	$	8,051		$	14,593	$	3,514	2010		Up to 40 years
Woluwelaan 147, Diegem, Belgium	1	—		2,541		6,309			8,850		4,218		2003		Up to 40 years
Stupničke Šipkovine 62, Zagreb, Croatia	1	—		1,408		572			1,980		33		2018		Up to 40 years
Kratitirion 9 Kokkinotrimithia Industrial District, Nicosia, Cyprus	1	—		3,136		3,227			6,363		434		2017		Up to 40 years
Karyatidon 1, Agios Sylas Industrial Area (3rd), Limassol, Cyprus	1	—		1,935		(46		)	1,889		158		2017		Up to 40 years
65 Egerton Road, Birmingham, England	1	—		6,980		1,550			8,530		4,888		2003		Up to 40 years
Corby 278, Long Croft Road, Corby, England	1	—		20,486		744			21,230		537		2018		Up to 40 years
Otterham Quay Lane, Gillingham, England	9	—		7,418		3,430			10,848		5,269		2003		Up to 40 years
Pennine Way, Hemel Hempstead, England	1	—		10,847		6,113			16,960		7,002		2004		Up to 40 years
Kemble Industrial Park, Kemble, England	2	—		5,277		6,990			12,267		8,524		2004		Up to 40 years
Gayton Road, Kings Lynn, England	3	—		3,119		1,829			4,948		2,872		2003		Up to 40 years
Cody Road, London, England	3	—		20,307		8,816			29,123		11,398		Various		Up to 40 years
17 Broadgate, Oldham, England	1	—		4,039		342			4,381		2,342		2008		Up to 40 years
Harpway Lane, Sopley, England	1	—		681		1,445			2,126		1,384		2004		Up to 40 years
Unit 1A Broadmoor Road, Swindom, England	1	—		2,636		478			3,114		1,190		2006		Up to 40 years
Jeumont-Schneider, Champagne Sur Seine, France	3	—		1,750		2,429			4,179		2,214		2003		Up to 40 years
Bat I-VII Rue de Osiers, Coignieres, France	4	—		21,318		(747		)	20,571		3,904		2016	(4)	Up to 40 years
26 Rue de I Industrie, Fergersheim, France	1	—		1,322		(80		)	1,242		235		2016	(4)	Up to 40 years
Bat A, B, C1, C2, C3 Rue Imperiale, Gue de Longroi, France	1	—		3,390		700			4,090		846		2016	(4)	Up to 40 years
Le Petit Courtin Site de Dois, Gueslin, Mingieres, France	1	—		14,141		(272		)	13,869		1,838		2016	(4)	Up to 40 years
ZI des Sables, Morangis, France	1	582		12,407		15,136			27,543		18,712		2004		Up to 40 years
45 Rue de Savoie, Manissieux, Saint Priest, France	1	—		5,546		(185		)	5,361		779		2016	(4)	Up to 40 years
Gutenbergstrabe 55, Hamburg, Germany	1	—		4,022		742			4,764		966		2016	(4)	Up to 40 years
Brommer Weg 1, Wipshausen, Germany	1	—		3,220		1,571			4,791		3,272		2006		Up to 40 years
Warehouse and Offices 4 Springhill, Cork, Ireland	1	—		9,040		2,534			11,574		4,604		2014		Up to 40 years
17 Crag Terrace, Dublin, Ireland	1	—		2,818		742			3,560		1,333		2001		Up to 40 years
Damastown Industrial Park, Dublin, Ireland	1	—		16,034		6,983			23,017		7,689		2012		Up to 40 years
Portsmuiden 46, Amsterdam, The Netherlands	1	—		1,852		1,824			3,676		2,255		2015	(7)	Up to 40 years
Schepenbergweg 1, Amsterdam, The Netherlands	1	—		1,258		(657		)	601		300		2015	(7)	Up to 40 years
Vareseweg 130, Rotterdam, The Netherlands	1	—		1,357		1,022			2,379		1,691		2015	(7)	Up to 40 years
Howemoss Drive, Aberdeen, Scotland	2	—		6,970		5,556			12,526		4,912		Various		Up to 40 years
Traquair Road, Innerleithen, Scotland	1	—		113		2,170			2,283		1,101		2004		Up to 40 years

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)			(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)			Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
Europe (Continued)
Nettlehill Road, Houston Industrial Estate, Livingston, Scotland	1	$	—	$	11,517	$	25,433		$	36,950	$	17,916	2001		Up to 40 years
Av Madrid s/n Poligono Industrial Matillas, Alcala de Henares, Spain	1	—		186		317			503		264		2014		Up to 40 years
Calle Bronce, 37, Chiloeches, Spain	1	—		11,011		1,845			12,856		3,088		2010		Up to 40 years
Ctra M.118 , Km.3 Parcela 3, Madrid, Spain	1	—		3,981		5,719			9,700		6,460		2001		Up to 40 years
Abanto Ciervava, Spain	2	—		1,053		(75		)	978		446		Various		Up to 40 years
	57	582		231,658		122,557			354,215		138,588
Latin America
Amancio Alcorta 2396, Buenos Aires, Argentina	2	—		655		1,188			1,843		535		Various		Up to 40 years
Azara 1245, Buenos Aires, Argentina	1	—		166		(162		)	4		—		1998		Up to 40 years
Saraza 6135, Buenos Aires, Argentina	1	—		144		98			242		52		1995		Up to 40 years
Spegazzini, Ezeiza Buenos Aires, Argentina	1	—		12,773		(9,554		)	3,219		582		2012		Up to 40 years
Av Ernest de Moraes 815, Bairro Fim do Campo, Jarinu Brazil	1	—		12,562		(2,267		)	10,295		1,524		2016	(4)	Up to 40 years
Rua Peri 80, Jundiai, Brazil	2	—		8,894		(1,760		)	7,134		1,141		2016	(4)	Up to 40 years
Francisco de Souza e Melo, Rio de Janerio, Brazil	3	—		1,868		10,436			12,304		3,341		Various		Up to 40 years
Hortolandia, Sao Paulo, Brazil	1	—		24,078		1,279			25,357		3,569		2014		Up to 40 years
El Taqueral 99, Santiago, Chile	2	—		2,629		32,773			35,402		11,212		2006		Up to 40 years
Panamericana Norte 18900, Santiago, Chile	5	—		4,001		18,831			22,832		7,261		2004		Up to 40 years
Avenida Prolongacion del Colli 1104, Guadalajara, Mexico	1	—		374		1,292			1,666		1,016		2002		Up to 40 years
Privada Las Flores No. 25 (G3), Guadalajara, Mexico	1	—		905		1,278			2,183		998		2004		Up to 40 years
Tula KM Parque de Las, Huehuetoca, Mexico	2	—		19,937		(771		)	19,166		2,864		2016	(4)	Up to 40 years
Carretera Pesqueria Km2.5(M3), Monterrey, Mexico	2	—		3,537		3,691			7,228		2,636		2004		Up to 40 years
Lote 2, Manzana A, (T2& T3), Toluca, Mexico	1	—		2,204		4,790			6,994		5,167		2002		Up to 40 years
Prolongacion de la Calle 7 (T4), Toluca, Mexico	1	—		7,544		15,171			22,715		7,341		2007		Up to 40 years
Panamericana Sur, KM 57.5, Lima, Peru	7	—		1,549		893			2,442		1,203		Various		Up to 40 years
Av. Elmer Faucett 3462, Lima, Peru	2	1,232		4,112		5,314			9,426		4,656		Various		Up to 40 years
Calle Los Claveles-Seccion 3, Lima, Peru	1	—		8,179		32,720			40,899		9,227		2010		Up to 40 years
	37	1,232		116,111		115,240			231,351		64,325

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)



(A)		(B)		(C)		(D)			(E)		(F)
Region/Country/State/Campus Address	Facilities(1)	Encumbrances		Initial cost to Company(1)		Cost capitalized subsequent to acquisition (1)(2)			Gross amount carried at close of current period (1)(8)		Accumulated depreciation at close of current period(1)(8)		Date of construction or acquired(3)		Life on which depreciation in latest income statement is computed
Asia
Warehouse No 4, Shanghai, China	1	$	—	$	1,530	$	671		$	2,201	$	373	2013		Up to 40 years
Jalan Karanggan Muda Raya No 59, Bogor Indonesia	1	—		7,897		(316		)	7,581		2,195		2017		Up to 40 years
1 Serangoon North Avenue 6, Singapore	1	—		58,637		21,633			80,270		5,058		2018	(7)	Up to 40 years
2 Yung Ho Road, Singapore	1	—		10,395		871			11,266		836		2016	(4)	Up to 40 years
26 Chin Bee Drive, Singapore	1	—		15,699		1,315			17,014		1,262		2016	(4)	Up to 40 years
IC1 69 Moo 2, Soi Wat Namdaeng, Bangkok, Thailand	2	—		13,226		6,136			19,362		2,659		2016	(4)	Up to 40 years
	7	—		107,384		30,310			137,694		12,383
Australia
8 Whitestone Drive, Austins Ferry, Australia	1	—		681		2,532			3,213		404		2012		Up to 40 years
6 Norwich Street, South Launceston, Australia	1	—		1,090		(83		)	1,007		93		2015		Up to 40 years
	2	—		1,771		2,449			4,220		497
Total	298	$	1,814	$	2,437,201	$	1,419,314		$	3,856,515	$	1,072,013

____________________________________

(1)

The above information only includes the real estate facilities that are owned. The gross cost includes the cost for land, land improvements, buildings, building improvements and racking. The listing does not reflect the 1,150 leased facilities in our real estate portfolio. In addition, the above information does not include any value for financing leases for property that is classified as land, buildings and building improvements in our consolidated financial statements.


(2)	Amount includes cumulative impact of foreign currency translation fluctuations.


(3)	Date of construction or acquired represents the date we constructed the facility, acquired the facility through purchase or acquisition.


(4)	Property was acquired in connection with the Recall Transaction.


(5)	Property was acquired in connection with the IODC Transaction.


(6)	Property was acquired in connection with the Credit Suisse Transaction.


(7)	This date represents the date the categorization of the property was changed from a leased facility to an owned facility.

IRON MOUNTAIN INCORPORATED

SCHEDULE III—SCHEDULE OF REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)

DECEMBER 31, 2019

(Dollars in thousands)


(8)	The following tables present the changes in gross carrying amount of real estate owned and accumulated depreciation for the years ended December 31, 2019 and 2018:



	Year Ended December 31,
Gross Carrying Amount of Real Estate	2019			2018
Gross amount at beginning of period	$	3,700,307		$	2,707,925
Additions during period:
Discretionary capital projects	278,508			155,901
Acquisitions(1)	—			918,091
Other adjustments(2)	25,077			—
Foreign currency translation fluctuations	5,978			(58,798		)
	309,563			1,015,194
Deductions during period:
Cost of real estate sold, disposed or written-down	(153,355		)	(22,812		)
Gross amount at end of period	$	3,856,515		$	3,700,307

_______________________________________________________________________________


(1)	Includes acquisition of sites through business combinations and purchase accounting adjustments.


(2)	Includes costs associated with real estate we acquired which primarily includes building improvements and racking, which were previously subject to leases.



	Year Ended December 31,
Accumulated Depreciation	2019			2018
Gross amount of accumulated depreciation at beginning of period	$	1,011,050		$	909,092
Additions during period:
Depreciation	122,366			125,280
Other adjustments(1)	1,314			—
Foreign currency translation fluctuations	3,514			(16,016		)
	127,194			109,264
Deductions during period:
Amount of accumulated depreciation for real estate assets sold, disposed or written-down	(66,231		)	(7,306		)
Gross amount of end of period	$	1,072,013		$	1,011,050

_______________________________________________________________________________


(1)	Includes accumulated depreciation associated with building improvements and racking, which were previously subject to leases.

The aggregate cost of our real estate assets for federal tax purposes at December 31, 2019 was approximately $3,812,000.