Published in CoreSite

CoreSite exploring sale

Nov 12, 2021 | Posted by Abdul-Rahman Oladimeji

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite has been approached by some major companies, including Digital Realty Trust and American Tower Corp. 

Digital Realty is known as one of the largest data center firms globally. American Tower, on the other hand, has a small portfolio of just three data center facilities. American Tower entered the data center business after acquiring Colo Atl in 2019 before renaming it to Metro Data Center. Since then, it has acquired Cyber Wurx and DataSite.

Digital Realty is very popular for acquiring and investing in data center firms. One of the firm’s biggest transactions is a merger with Interxion in 2019 for $8.4 billion. Interxion had up to 53 data centers with 290MW of capacity at the time of the merger.

CoreSite has 35 sites in 18 regions.

427 S LaSalle: 1st Floor Layout
Posted in CoreSite Chicago CH1 |
427 S LaSalle: 5th Floor Layout
Posted in CoreSite Chicago CH1 Source: CoreSite
427 S LaSalle: 6th Floor Layout
Posted in CoreSite Chicago CH1 Source: CoreSite
Western Union Building with Chicago Board of Trade in the Background
Posted in CoreSite Chicago CH1 |
CH1 Entrance to "The Telegraph Building"
Posted in CoreSite Chicago CH1 Source: CoreSite
Outside of CoreSite's MI1 in Miami
Posted in CoreSite Miami MI1 Source: CoreSite
Security Desk at CoreSite MI1
Posted in CoreSite Miami MI1 Source: CoreSite
Customer Colocation Floor Space at CoreSite's MI1 Site
Posted in CoreSite Miami MI1 Source: CoreSite
Workers putting on insulation to the exterior of SV7
SV7 Under Construction
Posted in CoreSite Santa Clara Campus |
SV7 Near the End of Construction
Posted in CoreSite Santa Clara Campus Source: MATT Construction
CoreSite SV7 Completed
Posted in CoreSite Santa Clara Campus |
CoreSite SV4 was completed in 2011
SV4 at 2972 Stender
Posted in CoreSite Santa Clara Campus |
CoreSite SV4 from the Air
Posted in CoreSite Santa Clara Campus |
CoreSite SV7 from the Air
Posted in CoreSite Santa Clara Campus |
CoreSite's Market Post Tower (SV1)
Posted in CoreSite SV1 55 S Market |
55 S. Market is an iconic 1980’s era building in the historic core of downtown San Jose.
Recently Remodeled Lobby of 55 S Market
Posted in CoreSite SV1 55 S Market Source: DCM
CoreSite VA3 Under Construction
Posted in CoreSite Reston VA3 Source: CoreSite
Exterior View
Posted in CoreSite Somerville BO1 Source: CoreSite
CoreSite Office Area on 1st Floor
Posted in CoreSite Los Angeles (LA1) One Wilshire Source: COR
900 North Alameda
Posted in CoreSite Los Angeles (LA2) 900 N Alameda |
Entrance
Posted in CoreSite Los Angeles (LA2) 900 N Alameda Source: COR
Cabinet Colocation Area
Posted in CoreSite Los Angeles (LA2) 900 N Alameda Source: COR
Large Concrete Columns Throughout Building
Posted in CoreSite Los Angeles (LA2) 900 N Alameda |
New Chiller Enclosures at SV8
Posted in CoreSite Santa Clara Campus |
CoreSite's SV8 building is starting to take shape. (January 2019)
SV8 Under Construction
Posted in CoreSite Santa Clara Campus |
For the price of a cross-connect one can order an "extended cross connect" between CoreSite's LA data centers. This allows a customer to deploy in the more robust data center (LA2) while taking adv...
CoreSite Operated Fiber Paths between LA1 and LA2/LA3
Posted in CoreSite Los Angeles (LA2) 900 N Alameda |
Outside of 1275 K Street - DC's Carrier Hotel
Posted in CoreSite DC1 - 1275 K Street NW |
Entrance to CoreSite's DC1
Posted in CoreSite DC1 - 1275 K Street NW Source: CoreSite
CoreSite NY2 at 2 Emerson Lane
Posted in CoreSite Secaucus NY2 Source: CoreSite
NY2 Cooling Infrastructure
Posted in CoreSite Secaucus NY2 Source: CoreSite
Site Plan for LA3
Posted in CoreSite LA3 Source: ADSP
Rendering of LA3 next to LA2
Posted in CoreSite LA3 |
CoreSite's Santa Clara Campus
Posted in CoreSite Santa Clara Campus |
SV7 Chiller Plant
Posted in CoreSite SV7 |
The double-stacked Caterpillar generators tower above the equipment yard. The 2.5 megawatt units are raised 8 feet above the yard to ensure clearance far above the 500-year flood stage. They are fe...
NY2 Double-Stacked Generators
Posted in CoreSite Secaucus NY2 Source: CoreSite
The cooling plant features evaporative condensing units and can useair- and water-side economization with variable speed CRAHs. CoreSite is able to use economization for about two-thirds of the yea...
Modular Chiller Plant Generators
Posted in CoreSite Secaucus NY2 Source: CoreSite
COR CH2 Under Construction in Feb 2020
Posted in CoreSite Chicago CH2 |
CoreSite SV8
Posted in CoreSite SV8 Source: SV8
Outside of SV8
Posted in CoreSite SV7 Source: CoreSite
Under Construction in 2019
Posted in CoreSite Chicago CH2 |
An artist rendering of CH2
Posted in CoreSite Chicago CH2 Source: CoreSite
Inside a computer room at CH2
Posted in CoreSite Chicago CH2 |
MI2
Posted in CoreSite MI2 |
Construction underway at CoreSite's DE3 Campus in Denver
Posted in CoreSite: Denver DE3 Source: Naked Denver
CoreSite's SV9 Data Center in Santa Clara
Posted in CoreSite SV9 Source: CoreSite

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