CoreSite
 | |
| Type | Subsidiary |
|---|---|
| Industry | Real estate investment trust |
| Founded | 2001 (as CRG West) |
| Headquarters | Denver, Colorado, U.S. |
| Products | Data centers |
| Revenue |  US$572 million (2019) |
 US$99 million (2019) | |
| Total assets | US$2.10 billion (2019) |
| Total equity | US$213 million (2019) |
Number of employees | 464 (2019) |
| Parent | American Tower |
| Website | coresite |
| Footnotes / references [1] | |
CoreSite Realty Corporation, a subsidiary of American Tower, owns carrier-neutral data centers and provides colocation and peering services.
As of November 10, 2021, the company owned 24 operating data center facilities in 8 markets comprising over 4.6 million net rentable square feet. The properties are in Boston, Chicago, Denver, Los Angeles, Miami, New York City, Northern Virginia, San Francisco/San Jose, California, Santa Clara, California, and the Washington, D.C. areas.[1] The company has over 1,350 customers including enterprises, network operators, cloud providers, and supporting service providers.[1]
History[]
The company was founded in 2001 as CRG West at two of the West coast's original carrier hotels: Market Post Tower and One Wilshire.
In August 2005, the company opened a facility in Washington, D.C.[citation needed]
In May 2007, the company acquired properties in Boston and Chicago. It also purchased a tract of land in Santa Clara, with the intent of developing a 50-megawatt data center Coronado campus there.[1]
In June 2009, the company changed its name to CoreSite.[1]
In September 2010, the company became a public company via an initial public offering.[2]
In April 2012, the company acquired Comfluent and entered the Denver market.[3]
In August 2012, Coresite became the first AMS-IX enabled data center operator in North America.[4]
In July 2016, Tom Ray, the chief executive officer of the company, retired and was replaced by Paul Szurek, lead independent director.[5]
In August 2016, the company announced the $60 million acquisition of the 22-acre Sunrise Technology Park from Brookfield Office Properties.[6]
In December 2021, the company was acquired by American Tower.[7][8]
See also[]
References[]
- ^ a b c d e "CoreSite Realty Corporation 2020 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "CoreSite Realty Flat in Debut". The New York Times. September 24, 2010.
- ^ "CoreSite Realty buys Comfluent". American City Business Journals. April 20, 2012.
- ^ "CoreSite announces relationship with AMS-IX". Data Economy. August 3, 2012.
- ^ Miller, Ben (July 28, 2016). "CoreSite CEO retires, replaced by board director". American City Business Journals.
- ^ Neibauer, Michael (August 12, 2016). "CoreSite plans big data center expansion in Reston with $60M land buy". American City Business Journals.
- ^ "American Tower Completes Acquisition of CoreSite Realty Corporation" (Press release). Business Wire. December 28, 2021.
- ^ Naqvi, Ali Imran (December 29, 2021). "American Tower completes CoreSite Realty acquisition". S&P Global.
- 2001 establishments in Colorado
- 2010 initial public offerings
- 2021 mergers and acquisitions
- American corporate subsidiaries
- Companies based in Denver
- Companies formerly listed on the New York Stock Exchange
- Data centers
- Financial services companies established in 2001
- Real estate companies established in 2001