- Phase One - Open to support high density,
next generation edge infrastructure -
- The first ground-up, purpose-built data
center in the heart of the Los Angeles metropolitan area -
- Offers powerful interconnection to One
Wilshire with robust ecosystem and access to leading cloud
providers -
CoreSite Realty Corporation (NYSE:COR) (the “Company”), a
premier provider of secure, reliable, high-performance data center,
cloud and interconnection solutions in major U.S. metropolitan
areas, today announced the opening of phase one of its new
ground-up, enterprise class data center development in Los
Angeles.
CoreSite has designed a 160,000+ square foot facility with a
total of 18 megawatts of capacity, referred to as LA3, in the heart
of downtown Los Angeles, and adjacent to CoreSite’s LA2 facility.
The LA3 data center is the first purpose-built, ground-up
development in downtown Los Angeles. CoreSite has completed phase
one of the LA3 development, which consists of 51,000 square feet
and six megawatts of capacity. Customers can have direct access to
the largest interconnection community in North America while
deploying in a modern, optimally efficient data center.
“LA3 expands our footprint in Los Angeles – one of our most
high-demand markets – expanding our world-class ecosystem
connectivity,” says Brian Warren, CoreSite’s Senior Vice President
of Development and Product Engineering. “We believe this
enterprise-class, purpose built, ground-up development will be
extremely well suited to meet our customers’ needs.”
LA3 has a resilient and efficient design with:
- Optimized connectivity, three separate diverse fiber
entry routes into the new data center
- High-count diverse dark fiber connecting LA3 to
CoreSite’s LA1 and LA2 data center facilities. Customers are a
cross connect away from accessing one of the world’s most
well-developed ecosystems of cloud providers, networks and subsea
cables.
- Designed for high resiliency, with all systems
concurrently maintainable with diverse power delivery paths to the
customer during maintenance activities
- Sustainably designed cooling system that utilizes
economization for more than 60% of the year
- Compliant with LEED and ENERGY STAR design
standards
Expansive Los Angeles Campus with
Robust Ecosystem
CoreSite’s Los Angeles campus boasts one of the most
well-developed data center ecosystems in the world, including
domestic and international carriers, enterprises, cloud computing
providers, media and entertainment firms, social networking sites
and gaming companies. Tethered together by high-density dark-fiber,
the campus is comprised of over 670 networks, cloud and enterprise
customers.
As part of a connected campus, LA3 is positioned to deliver a
rich community of:
- Enterprises with high-performance, low latency
needs
- Best-of-breed solution partners for hybrid cloud
architecture, migration and managed services needs
- Leading cloud service and content providers accessed via
The CoreSite Open Cloud Exchange® featuring AWS Direct Connect,
Microsoft Azure ExpressRoute, Google Cloud Platform, IBM Cloud
Direct Link and Oracle FastConnect
- The largest selection of networks, including leading
network providers deployed natively into LA3, create a low-latency
network solution with global carriers, subsea cables, metro
networks, SDNs and more
Additional Resources
- Interconnection, Data Centers and the Future — Get
competitive with your digital strategy
- Los Angeles Market Highlights, Brochure and Map — Build
your digital foundation in a downtown data center campus that meets
your performance and growth needs now and in the future
- Accelerate Your Digital Business with CoreSite — Read
about the competitive advantages your business can benefit from by
working with a network-dense, cloud-enabled colocation provider
like CoreSite
- CoreSite Open Cloud Exchange — Connect across the U.S.
and simplify your multi-cloud, multi-site network
configuration
- CoreSite’s Inter-Site Connectivity — The freedom to
scale without constraints through connectivity between data center
sites and across regions
Contact Our Team
For further information on CoreSite’s new LA3 Data Center and
its Los Angeles campus, please contact Gerry Fassig, Vice President
of Sales at Gerry.Fassig@coresite.com or Evan Ducker, General
Manager, Los Angeles, at Evan.Ducker@CoreSite.com.
Request a Tour > Let us
take you on a virtual or live tour of a state-of-the-art CoreSite
facility.
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure,
reliable, high-performance data center, cloud and interconnection
solutions to a growing customer ecosystem across eight key North
American markets. More than 1,350 of the world’s leading
enterprises, network operators, cloud providers, and supporting
service providers choose CoreSite to connect, protect and optimize
their performance-sensitive data, applications and computing
workloads. Our scalable, flexible solutions and 460+ dedicated
employees consistently deliver unmatched data center options — all
of which leads to a best-in-class customer experience and lasting
relationships. For more information, visit www.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 CoreSite’s control that may
cause actual results to differ significantly from those expressed
in any forward-looking statement. These risks include, without
limitation: the geographic concentration of the Company’s data
centers in certain markets and any adverse developments in local
economic conditions or the level of supply of or 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, including indirect competition from cloud service
providers; failure to obtain necessary outside financing; the
ability to service existing debt; the failure to qualify or
maintain its status as a REIT; financial market fluctuations;
changes in real estate and zoning laws and increases in real
property tax rates; the effects on our business operations, demand
for our services and general economic conditions resulting from the
spread of the Novel Coronavirus (“COVID-19”) in our markets, as
well as orders, directives and legislative action by local, state
and federal governments in response to such spread of COVID-19; 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 its most recent annual report on Form 10-K, and other
risks described in documents subsequently filed by the Company from
time to time with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201201005103/en/
Gerry Fassig Vice President of Sales – Los Angeles 408-490-3004
Gerry.Fassig@CoreSite.com
Evan Ducker General Manager – Los Angeles 213-327-1275
Evan.Ducker@CoreSite.com
Kate Ruppe Investor Relations 303-222-7369
InvestorRelations@CoreSite.com
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