Enabling 100 Gbps Fiber Interconnections for
Azure ExpressRoute Direct Eliminating Egress Fees with ExpressRoute
Local to Azure North Central U.S. Region Providing Multi-Region
Azure Integration via the CoreSite Open Cloud Exchange
CoreSite Realty Corporation (NYSE:COR) (“CoreSite,” or
the “Company”), a premier provider of secure, reliable,
high-performance data center, cloud access and interconnection
solutions across the U.S., today announced the availability of
direct fiber and virtual connectivity to Microsoft Azure
ExpressRoute at CoreSite’s Chicago campus. This key interconnection
point enables CoreSite customers and Microsoft connectivity
partners to access Azure ExpressRoute directly – at all available
speeds. Build primary and/or redundant network architectures within
the market using fiber interconnections and virtual connectivity
through the CoreSite Open Cloud Exchange®.
Adding Optionality, Improved
Resiliency, Performance and Reliability
The availability of on-net access to Azure ExpressRoute at
CoreSite’s Chicago campus enables enterprise customers and
Microsoft connectivity partners to benefit from directly connecting
to Microsoft’s global network. This solution delivers optimal low
latency edge-to-edge performance, increased security, and
eliminates data egress costs using Azure ExpressRoute Local when
accessing the Azure North Central US region, while improving
agility when deploying workloads in today’s hybrid cloud
architectures. In addition, the combination of Azure ExpressRoute
with CoreSite’s Open Cloud Exchange and Inter-site services
provides customers with enhanced network connectivity for business
continuity and disaster recovery programs. Direct access to a cloud
onramp via an edge node is the most effective means to ensure
performance, reliability and optimal cost efficiency.
Customers in CoreSite’s national platform of data centers can
rapidly integrate the Azure ExpressRoute Chicago peering location
via the CoreSite Open Cloud Exchange, an on-demand interconnection
platform that enables CoreSite customers to dynamically connect to
any other customer through a virtual connection and an easy-to-use
portal.
“We are excited to offer our customers on-net availability and
improved resiliency options to Microsoft Azure ExpressRoute in
Chicago, in addition to the on-net ExpressRoute connectivity
already available in Los Angeles, Silicon Valley, Denver and
Northern Virginia,” said Steve Smith, CoreSite’s Chief Revenue
Officer. “Direct and private connectivity to leading cloud
providers like Microsoft is essential for enterprises to deploy
their hybrid and multi-cloud IT architectures.”
“Our collaboration with CoreSite provides customers with the
high-level interconnection and predictable global access they need
to meet their broad range of requirements. We are pleased to expand
Microsoft Azure ExpressRoute, allowing more businesses in these
growing markets to access these services through the CoreSite
interconnection and data center platform,” said Ross Ortega,
Partner PM Manager, Azure Networking at Microsoft.
CoreSite’s New CH2 Ground-Up Data
Center Development in Downtown Chicago
CoreSite opened the first purpose-built, enterprise-class,
ground-up data center – known as CH2 – designed to support a total
of 18 megawatts of critical IT draw in the heart of downtown
Chicago. CoreSite delivered Phase 1 during 2020, comprised of
56,000 square feet and six megawatts of capacity. CH2 provides
scalable space ready to support enterprises through their digital
journey. In addition, CoreSite obtained approval for the State of
Illinois’ Data Center Investment Program, which extends a 10.25%
tax incentive to its customers deploying in CH2 on the purchase of
equipment and software costs. CH2 is part of a connected campus,
leveraging CoreSite’s existing CH1 data center – one of the top
interconnected buildings in Chicago.
Other Highlights
- CoreSite and Microsoft Azure – Extend your
infrastructure and expand your business capabilities
- CoreSite’s Inter-Site Connectivity – Enjoy the freedom
to scale without constraints through connectivity between data
center sites across regions
- CoreSite Open Cloud Exchange – Connect across the U.S.
and simplify your multi-cloud, multi-site network
configuration
- Accelerate Your Digital Business with CoreSite – Read
about the competitive advantage your business can benefit from by
working with a network-dense, cloud-enabled colocation provider
like CoreSite
Contact Our Team >
Discover how CoreSite can support your digital transformation
requirements. Please contact us for further information on
CoreSite’s capabilities.
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 access and
interconnection solutions to a growing customer ecosystem across
eight key North American markets. More than 1,375 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/20210316005153/en/
CoreSite Contacts
Matt Gleason
General Manager, Chicago
212.574.5813 Matt.Gleason@CoreSite.com
Audrey Dieckow
Assistant General Manager,
Chicago 312.254.2835 Audrey.Dieckow@CoreSite.com
Kate Ruppe Investor Relations 303-222-7369
InvestorRelations@CoreSite.com
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