– Completes Construction of Final Phase 3
–
– Hosting Virtual Open House on June 17th
–
– Offers Highly Interconnected Campus with
Robust Ecosystem –
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 completion of Phase 3, the final phase of
its new ground-up data center development on its Santa Clara
campus.
A Highly
Interconnected Campus and Robust Ecosystem
SV8 is part of CoreSite’s Santa Clara and broader Silicon Valley
connected campus, with close proximity to the heart of the
high-tech Silicon Valley market. The SV8 data center provides a
strong ecosystem enabled to support the digital transformation and
hybrid and multi cloud use cases of businesses with increasingly
interconnected data workloads, high performance needs, growing
interoperability demands and a need to be located near the network
and cloud edge.
SV8 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, easily
accessed via direct cloud onramps, the CoreSite Open Cloud Exchange
(OCX) and the Any2 Internet Peering exchange
- Expansive Network options, including a rich marketplace
of domestic and international carriers as well as access to
undersea cables
“Our SV8 data center delivers efficient data center design that
enables enterprises to solve for mission critical,
performance-sensitive hybrid cloud applications,” said Mike Durham,
CoreSite’s Vice President and General Manager. “The addition of our
SV8 data center increases access to our robust ecosystem to serve
customers with one of the most interconnected data center campuses
in the Silicon Valley area and provides one more option to fit
varying customer needs.”
CoreSite’s New SV8
Data Center Provides Customers With High Density, Diverse Fiber
Routes and Sustainably Focused Construction Features
CoreSite has built the third and final phase of SV8, a 162,000
square foot, 18 megawatt capacity, purpose-built, ground-up
development. Phase 3 is comprised of 54,000 square feet and six
megawatts of now available capacity. The Company previously leased
and placed into service Phases 1 and 2, and has preleased 11% of
Phase 3.
“We designed SV8 to offer a high density, easy interconnection
access, and sustainably focused operations in a highly
interconnected campus to appeal to those customers who require
being near the network edge to serve their high performance and low
latency applications,” said Brian Warren, CoreSite’s Senior Vice
President of Development and Product Engineering.
SV8 features include –
- High-count fiber connectivity to SV4 at 2972 Stender Way
and diverse metro network products to SV1 at Market Post
Tower, two of the top Santa Clara and Bay Area interconnected
buildings
- Sustainability focused cooling systems utilize
economization for the majority of the year
Learn More About
CoreSite’s SV8 Data Center Capabilities
SV8 Virtual Open House - June 17, 11:00
AM-12:30 PM PDT
Join CoreSite for a virtual open house to highlight SV8, a new
purpose-built data center in the heart of our Santa Clara campus.
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 CenturyLink 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 for any of CoreSite’s Bay Area connected
data centers please contact Gerry Fassig, CoreSite’s Vice President
of Sales at Gerry.Fassig@CoreSite.com, or Mike Durham, CoreSite’s
Vice President and General Manager at Mike.Durham@CoreSite.com.
Highlights/Key Facts
- Interconnection – Provided a Vital Foundation for Technology
to Explode Video – Get competitive with your digital
strategy
- Silicon Valley Market Highlights, Brochure and Map –
Build your Digital Foundation in a Silicon Valley Data Center
Campus that meets your performance and growth needs now and in the
future
- SV8 Data Center - Highlights of Space, Connectivity,
Security, Reliability, Structure, Amenities and Efficiency
- 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/20200604005103/en/
Kate Ruppe Investor Relations 303-222-7369
InvestorRelations@CoreSite.com
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