Iron Mountain has signed a 3 megawatt data center lease with a Fortune Global 200 company in Singapore, at its SIN-1 data center.
The customer will utilize Iron Mountain’s colocation space and network services, as well as storage and office space.
Iron Mountain is currently building out 2 megawatts of turn-key data center capacity at SIN-1 to meet the customer’s requirements, which is expected to be completed in the fourth quarter of 2020.
Iron Mountain has started construction on an additional 2.25 megawatts of capacity, comprising 1.5 megawatts of capacity that was held for development and an additional 750 kilowatts that has been added to the design of the facility, to support future demand.
Iron Mountain’s existing capacity at SIN-1 will be 87 percent utilized and the capacity under development will be 47 percent pre-leased.
“Our facility offers flexible, secure and reliable data center capacity, and we look forward to supporting this particular customer’s exciting growth prospects now and in the future,” said Michael Goh, senior director and GM for Asia at Iron Mountain.
SIN-1 is an enterprise-class data center facility in Serangoon, Singapore. This purpose-built facility is designed to support the data center needs of many Fortune 1,000 customers who need to align compliance and IT asset protection programs.