Iron Mountain Data Centers Acquires Madrid-based XData Properties

Iron Mountain Phoenix data center

Through the purchase of XData Properties, one of the biggest data center parks in Madrid, Spain, Iron Mountain has increased the size of its EMEA data center footprint. In the upcoming years, the site will have access to enough power to eventually create 79 Megawatts of capacity. In addition to the 3 MW data center that already exists on the property, a first 20 MW data center with a completion date of 2024 is planned.

Due to its direct access to the Madrid-Barcelona fiber optic link, the greatest fiber highway in the Iberian Peninsula, Madrid is a strategically important and quickly expanding market with significant demand across segments. With the help of this acquisition, Iron Mountain Data Centers says it is now able to provide a comprehensive ecosystem that enables seamless connections between cloud, network, service providers, and clients.

As one of Madrid’s largest data center parks, Iron Mountain Data Center’s newly acquired property is adjacent to key Internet Exchanges (IXs). According to Iron Mountain, the recently acquired site is ideally situated for built-to-suit deployments since it is strategically placed inside hyperscale availability zones.

“The acquisition of XData enables us to meet the growing demand for connected, compliant and sustainable data center services across Europe and we are thrilled to be expanding our EMEA footprint,” said Eric Boonstra, Vice President and General Manager at Iron Mountain Data Centers EMEA. “Madrid is emerging as a strategic and growing market, and this campus enables us to welcome both enterprise and hyperscale customers.”

Sustainability Goals

Eric Boonstra, VP and GM at Iron Mountain Data Centers EMEA
“The acquisition of XData enables us to meet the growing demand for connected, compliant and sustainable data center services across Europe,” said Eric Boonstra, VP and GM at Iron Mountain Data Centers EMEA.

The newly acquired data center campus is situated in San Fernando (‘Corredor del Henares’), a developing industrial area, which would benefit from low latency due to its proximity to the city of Madrid’s main communication networks (A2, M-50). Barajas Airport is a 10-minute drive away, and the campus has a bus stop that runs to the city center of Madrid.

“This acquisition supports our strategy and commitment to selectively expand into emerging data center markets in order to meet our customers’ critical demand needs,” said Mark Kidd, Executive Vice President and General Manager of Data Centers at Iron Mountain.

“We are also pleased that Spain is quickly becoming one of Europe’s leaders in renewable energy generation, which we will leverage to support our and our customers’ sustainability goals.”

With this purchase, the worldwide network of Iron Mountain Data Centers now includes 20+ locations across 19 markets on three continents.

Expanding Footprint North America

With the purchase of a 10 acre land lot and a 50+ MVA (expandable to 100+ MVA) substation in Phoenix, Arizona, Iron Mountain Data Centers has also increased the size of its data centers in North America. This data center will have 36 MW of capacity and 230K square feet (AZP3). The property borders the 39-acre complex where Iron Mountain’s AZP1 (41 megawatt) and AZP2 (48 megawatt) data centers are currently located. The first delivery of the AZP3 expansion phase is anticipated in 2024.

With more than 25 network providers and key peering exchanges including the Arizona Internet Exchange (AZIX), DE-CIX Phoenix, and Ninja-IX, Iron Mountain’s campus in Phoenix would be one of the most network dense sites in the industry. Due in significant part to its minimal risk of natural disasters, fiber infrastructure, and comparably cheap costs to other markets, Phoenix is one of North America’s top markets for data centers. More data centers are now planned for or under development in this area than any other market aside from Virginia.

“This expansion supports our strategy of continuing to invest in larger, low latency metro markets where we are established in order to meet the high growth demands of our customers,” added Mark Kidd. “As one of the leading interconnection providers in Phoenix, we are excited to continue to provide connected critical capacity for our retail and hyperscale customers alike.”