CoreSite Expands Data Center Footprint in Silicon Valley and Denver Campuses to Meet Growing Capacity, Power Demands - Seite 2

SV9 Construction Milestones Achieved

Construction of SV9 has progressed since securing building permits in 2022. CoreSite has completed building the structural steel and concrete pours for the facility. Despite experiencing historically rainy and windy weather conditions in the Santa Clara area, the company remains on schedule for completion of SV9 in 2024 with its first phase ready for occupancy in Q1 2024.

Denver Market

Strategically located in downtown Denver, CoreSite’s DE1 and DE2 data center facilities deliver two network-rich data centers and the region’s largest peering exchange. CoreSite sits at the nexus of where the networks meet in the Rocky Mountain region and is home to a rich interconnected ecosystem of nearly 150 organizations comprised of cloud, network and IT service providers.

CoreSite’s DE1 facility is an ideal destination for any performance-sensitive requirements and is a marketing-leading network-dense asset for connectivity needs, including native cloud onramps, i.e., direct connection, to the top cloud providers. The expansion at DE1 will increase the total square footage in CoreSite’s Denver campus to 37,420.

“With expansions in both our Silicon Valley and Denver markets, CoreSite is delivering on our long-term strategy to meet the ever-increasing data center capacity demands and interconnection requirements of our valued customers,” said Juan Font, President and CEO, CoreSite and SVP of U.S. Tower. “Our strong financial backing by Fortune 375 wireless infrastructure leader, American Tower, and private equity partner, Stonepeak, means we have the direct access to capital required to grow with our customers to anticipate and build solutions for their future needs.”

Construction of SV9 is expected to be complete in 2024, preleasing is available now. CoreSite is pre-leasing the DE1 expansion, which will be available for customers in 2H 2023.

Additional Resources

• SV9 Pre-Lease Facility Brochure
• Silicon Valley Market Brochure
• Denver Market Brochure
• VIDEO: Native Cloud Onramp Explained – What is Cloud Direct Connection and How It Can Support Businesses Hybrid IT Strategy?
• Stonepeak Upsizes Investment in American Tower’s Data Center Business

About CoreSite

CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Our highly interconnected data center campuses offer a native digital supply chain featuring direct cloud onramps to enable our customers to build customized hybrid IT infrastructure and accelerate digital transformation. For more than 20 years, CoreSite’s team of technical experts have partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge. For more information, visit CoreSite.com and follow us on LinkedIn and Twitter.