– Phase 1 — Open For Business
and Hosting Virtual Open House on June 10th –
– Delivers One of the First Ground-Up
Purpose-Built Developments in Downtown Chicago –
– Offers Powerful Interconnected
Campus with Robust Ecosystem and New Native Cloud Onramp
–
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 opening of Phase 1 of its new ground-up data
center development in Chicago.
CoreSite’s New
Ground-Up Purpose-Built Data Center, One of the First in Downtown
Chicago, With High Density, Optimal Access and Sustainably-Focused
Construction Features
CoreSite has designed and built a 169,000 square foot facility
with a total of 18 megawatts of capacity, known as “CH2,” in the
heart of downtown Chicago. The CH2 data center is one of the first
purpose-built, ground-up development in downtown Chicago, and
CoreSite has completed Phase 1, representing 56,000 square feet and
six megawatts of capacity.
“We designed CH2 to offer a new choice in downtown Chicago for
high density, easy interconnection access, and sustainably focused
operations, in a highly interconnected campus to appeal to those
customers who require high performance and low latency at the
edge,” said Brian Warren, CoreSite’s Senior Vice President of
Development and Product Engineering. “We believe this new facility
will meet our customers’ requirements, providing core retail
colocation and scale solutions for high density applications with
the extensive connectivity options of a multi-cloud and carrier
ecosystem.”
CH2 is a resilient and efficient design with —
- Optimized connectivity access, three separate diverse
fiber entry routes into the new data center
- High-count diverse dark fiber connecting CH2 to CoreSite’s
CH1 data center, one of the top interconnected Chicago data
centers, which recently added a Tier 1 cloud provider native cloud
onramp
- Designed for high resiliency, with all systems
concurrently maintainable with diverse power delivery paths to the
customer during maintenance activities
- Sustainability focused cooling system utilizes
economization greater than 60% of the year and achieved Energy Star
recognition
- Future tax Incentives, in progress with the Illinois
Dept. of Commerce and Economic Opportunity
A Powerful Connected
Campus and Ecosystem
CoreSite’s Chicago campus provides a strong ecosystem designed
to support the digital transformation and hybrid and multi-cloud
demands of businesses with increasing data environments,
high-performance needs, growing interoperability demands and a need
to be located near the network edge.
As part of a connected campus, CH2 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 (OCX) to AWS, Google and Azure
cloud onramps and CoreSite’s Any2 Internet Peering exchange
- Expansive network options, including leading network
providers deploying natively into CH2, as well as 40+ domestic and
international carriers, only a cross connect away at CH1 on the
Chicago campus
“Our CH2 Data Center delivers a large and efficient data center
design that enables enterprises to solve for mission critical,
performance-sensitive hybrid cloud applications, by providing a
choice of new purpose-built space versus other market retrofit
options,” said Matt Gleason, CoreSite’s Vice President and General
Manager of the Chicago market. “The addition of CH2 increases our
robust ecosystem to serve customers with one of the most
interconnected data center campuses in downtown Chicago.”
Learn More About
CoreSite’s CH2 Data Center Capabilities
CH2 Virtual Open House
— June 10,
11:00 AM-12:30 PM CDT
Join CoreSite for a virtual open house to highlight CH2, the
first purpose-built data center in the heart of downtown Chicago.
In addition to the virtual tour, attendees will have the
opportunity to —
- Hear industry analyst IDG — present the most recent
trends and research,
- Engage with industry experts — from both AT&T and
Microsoft Azure,
- Join Q&A — bring your questions to make this an
interactive and valuable experience!
- Click here to register — you will be prompted to create
a free BrightTALK account if you have not previously accessed the
platform.
Contact Our Team
For further information on CoreSite’s new CH2 Data Center and
its Chicago campus, please contact Ben Green, Vice President of
Sales at Ben.Green@CoreSite.com or Matt Gleason, Vice President and
General Manager at Matt.Gleason@CoreSite.com.
Highlights/Key Facts
- Interconnection – Provided a Vital Foundation for Technology
to Explode Video — Get competitive with your digital
strategy
- Chicago 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
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 450+ 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.
© 2020, CoreSite, L.L.C. All Rights Reserved
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version on businesswire.com: https://www.businesswire.com/news/home/20200602005303/en/
CoreSite Kate Ruppe Investor
Relations 303-222-7369 InvestorRelations@CoreSite.com
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