CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.
Metro: Northern Virginia
Country: United States
Region: North America
Address: 12379 Sunrise Valley Dr, Reston, VA 20191
|Current||Under Construction||Potential Expansion||Total at Full Buildout|
|Building SqFt:||157,000 (est)||157,000 (est)|
As part of VA3 Phase 1B, CoreSite will build the shell of an 80,000 Gross sqft, 12 megawatt building, and a 77,000 NRSF centralized infrastructure building. which will serve the entire VA3 property.
Phase 1B of VA3 has 6 megawatts and 49,837 NRSF.