+Added: As part of the acquisition of the Sprint Business, we acquired a portfolio of owned properties totaling approximately 1.9 million square feet.
+Added: The properties are made up of technical facilities in the United States, including core switch facilities, PoP sites, regeneration and fiber pass through locations as well as warehouse buildings that support the acquired Sprint Network.
+Added: The largest 45 properties, which are in the process of being evaluated and/or converted to commercial data centers, range in size from 5,000 to 110,000 square feet and total approximately 1.3 million square feet and are in the process of being evaluated and converted to commercial data centers.
+Added: We also own two data centers in Paris, France and Grenoble, France.
We lease space for offices, data centers, colocation facilities, and points-of-presence.
+Added: We lease a total of approximately 1.1 million square feet of space for our data centers, offices and operations centers.
+Added: Certain of these leases are with entities controlled by our Chief Executive Officer.
+Added: We believe that our facilities, both owned and leased are generally in good condition.
+Added: Our leased properties and the vast majority of our owned properties are generally suitable for our operations, and we are in the process of repurposing any owned properties as necessary.
Our headquarters facility consists of 43,117 square feet located in Washington, D.C.
1 unchanged sentence
The lease may be cancelled by us upon 60 days’ notice.
−Removed: On January 6, 2023, we entered into two lease agreements (the “New Leases”), one with Thorium LLC and one with Germanium LLC, entities owned by our Chief Executive Officer.
−Removed: The first of the New Leases is with Thorium LLC for approximately 54,803 square feet of office space, which will serve as office space replacing a portion of our current office space in the Northern Virginia area.
−Removed: The second of the New Leases is with Germanium LLC for approximately 1,587 square feet of technical space, in the building which will serve as network operations space.
−Removed: The term for each of the New Leases is five years beginning March 1, 2023 (or an actual later date of occupancy).
−Removed: Both of the New Leases are cancellable by us without penalty upon 60 days written notice.
−Removed: We lease a total of approximately 755,000 square feet of space for our data centers, offices and operations centers.
−Removed: Certain of these leases are with entities controlled by our Chief Executive Officer.
−Removed: We believe that these facilities are generally in good condition and suitable for our operations.
+Added: On January 6, 2023, we entered into two lease agreements (the “New Leases”), one with Thorium LLC ('Thorium") and one with Germanium LLC (“Germanium”), entities owned by our Chief Executive Officer, David Schaeffer.
+Added: The first of the New Leases is with Thorium for approximately 54,803 square feet of office space, which serves as office space replacing a portion of its office space in the Northern Virginia area (“Office Lease”).
+Added: The second of the New Leases is with Germanium LLC for approximately 1,587 square feet of technical space which serves as network operations space (“Network Operations Lease”).
+Added: The term for each of the New Leases is five years beginning on April 1, 2023.
+Added: Both of the New Leases are cancellable by us without penalty upon 60 days written
+Added: Page 31 of 90
+Added: We took occupancy of the office space and network operations space in April 2023.
+Added: We are responsible for paying our proportionate share of the building’s operating expenses that exceed a 2023 base year and we are also responsible for paying our metered utility costs and a proportionate share of the building’s other operating expenses that exceed a 2023 base year.
+Added: On July 25, 2023 we entered into a Second Amendment to the lease agreement (the “Amendment”), with Germanium which amends the Network Operations Lease to lease an additional 7,369 square feet on the first floor of the building, beginning on August 1, 2023, in connection with the planned expansion of the technical space.
+Added: This includes 4,987 square feet for an auditorium suitable for training and 2,382 square feet for the data center in the building.
+Added: The amended Network Operations Lease remains cancellable by us without penalty upon 60 days written notice.
+Added: We are responsible for paying a proportionate share of real estate taxes and operating expenses and separately metered utilities expense.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.