DENVER, June 24, 2011 /PRNewswire/ -- CoreSite Realty
Corporation (NYSE: COR), a U.S. provider of powerful,
network-rich data centers, today announced the company has been
selected by Silicon Valley Power ("SVP") as a 2011 Energy Innovator
award winner. In addition, CoreSite was awarded LEED Gold
certification from the Green Building Certification Institute
("GBCI") at the first of its four planned Santa Clara campus data centers.
Silicon Valley Power awarded CoreSite the Environmental
Innovator distinction within the Energy Innovator group based on
CoreSite's comprehensive efforts to support energy efficiency and
renewable energy. SVP cited CoreSite's energy-efficient air
temperature design that will save an estimated 6 million
kilowatt-hours annually, enough energy to power 6,750 homes for a
month.
"CoreSite was selected from a number of excellent candidates for
this award, each of whom was evaluated based on a rigorous review
and scoring process," said John C.
Roukema, Director of Electric Utility at Silicon Valley
Power. "Everyone at Silicon Valley Power would like to commend
CoreSite for their efforts in energy-efficiency and renewable
energy."
CoreSite also received a LEED Gold certification from the GBCI.
LEED (Leadership in Energy and Environmental Design) is defined by
the USGBC as a framework for identifying and implementing practical
and measurable green building design, construction, operations and
maintenance solutions and promotes sustainable building and
development practices through a suite of rating systems.
Over the past year, the average power usage effectiveness (PUE)
of CoreSite's Santa Clara data
center campus has been approximately 1.3, resulting in one of the
most energy-efficient data center and colocation environments in
California. CoreSite plans to open
its second campus data center, a 101,000 square-foot facility
located at 2972 Stender Way, in the third quarter and will host a
grand-opening event at the building on July
21st. Upon opening, CoreSite will manage more than 500,000
square feet of space in the San Francisco
Bay Area and have entitlements to construct an additional
345,000 square feet pending market conditions.
"CoreSite would like to thank MATT Construction for their
dedicated construction and project management, which helped to
ensure on-time delivery of 2972; Mitsubishi Electric for their
efficient, reliable uninterruptible power supply modules and
engineering technologies, which significantly reduced our
installation time and costs, and long-term cost of ownership;
Critical Solutions Group for their expertise and diligence
throughout the entire commissioning process; and all of the other
organizations who played a role in delivering an exceptional data
center product," commented Billie
Haggard, CoreSite senior vice president of data centers.
About CoreSite
CoreSite Realty Corporation (NYSE: COR) delivers powerful,
network-rich data centers that optimize, secure and interconnect
the mission-critical IT assets of the world's top organizations.
600+ customers, including Global 1000 enterprises, cloud providers,
financial firms, and Government agencies, choose CoreSite for
reliability, service and expertise in delivering customized,
flexible data center solutions. CoreSite offers private data
centers and suites, cage-to-cabinet colocation, and interconnection
services, such as Any2, CoreSite's Internet exchange. The company's
portfolio comprises more than two million square feet, including
space held for redevelopment and development, and provides access
to over 200+ network service providers via 11 data centers in seven
key U.S. economic centers. For more information please visit
www.coresite.com.
CoreSite Investor Relations Contact
Investor Relations
+1 303.222.7276
InvestorRelations@CoreSite.com
CoreSite Media Contact
Mark Jobson, Marketing Director
+1 303.405.1004
Mark.Jobson@CoreSite.com
Forward Looking Statements
This press release may contain forward-looking statements
within the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as "believes," "expects,"
"may," "will," "should," "seeks," "approximately," "intends,"
"plans," "pro forma," "estimates" or "anticipates" or the negative
of these words and phrases or similar words or phrases that are
predictions of or indicate future events or trends and that do not
relate solely to historical matters. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond the Company's control, that
may cause actual results to differ significantly from those
expressed in any forward-looking statement. These risks include,
without limitation: the timely completion of planed construction,
geographic concentration of the Company's data centers in certain
markets and any adverse developments in local economic conditions
or the demand for data center space in these markets; fluctuations
in interest rates and increased operating costs; difficulties in
identifying properties to acquire and completing acquisitions;
significant industry competition; the Company's failure to obtain
necessary outside financing; the Company's failure to qualify or
maintain our status as a REIT; financial market fluctuations;
changes in real estate and zoning laws and increases in real
property tax rates; and other factors affecting the real estate
industry generally. All forward-looking statements reflect the
Company's good faith beliefs, assumptions and expectations, but
they are not guarantees of future performance. Furthermore, the
Company disclaims any obligation to publicly update or revise any
forward-looking statement to reflect changes in underlying
assumptions or factors, of new information, data or methods, future
events or other changes. For a further discussion of these and
other factors that could cause the Company's future results to
differ materially from any forward-looking statements, see the
section entitled "Risk Factors" in the Company's Annual
Report on Form 10-K for the year ended December 31, 2011 and other risks
described in documents subsequently filed by the Company from time
to time with the Securities and Exchange Commission.
SOURCE CoreSite Realty Corporation