CoreSite News

Read the latest updates, announcements, press releases and thought leadership

Classified Ventures Selects CoreSite to Support Growth

March 20, 2014 at 8:01 AM EDT
Download PDF

DENVER--(BUSINESS WIRE)--Mar. 20, 2014-- CoreSite Realty Corporation (NYSE: COR), a provider of secure, reliable, high-performance data center solutions, today announced that Classified Ventures, LLC, the owner and operator of national online classified ad site,, has selected CoreSite’s “CH1” data center in Chicago, Ill., to deploy infrastructure delivering applications to support mission-critical data analytics and customer-facing web services.

CoreSite’s data center addresses Classified Ventures requirements relating to scalability, network performance and physical security. The data center affords Classified Ventures connectivity options to more than 80 customers, including 50+ network, IT and cloud service providers and 30+ enterprises.

“Our operations rely heavily on mission-critical infrastructure and CoreSite offers the solutions we need for continued growth,” said Jason O’Sullivan, vice president of Corporate Technology at Classified Ventures. “Apart from the physical infrastructure, we were extremely pleased with the customer experience — a true serve-the-customer approach, which helped us make the clear choice to partner with CoreSite for our mission-critical data center needs.”

Classified Ventures’ technology systems require high-density and high-performance data center capacity and services. The deployment within CoreSite’s facility, CH1, gives Classified Ventures the ability to develop and support current business applications and scale to support future needs.

“Classified Ventures selection of CoreSite enables the enterprise by providing reliable and secure network-dense, cloud-enabled data center solutions coupled with a first-class customer experience,” said Matt Muell, VP and general manager at CoreSite. “By leveraging our established community of network and cloud providers serving CH1, Classified Ventures is well-positioned for continued growth and evolution of their products and services.”

Located in downtown Chicago, the CH1 facility spans 183,000 square-feet. CoreSite has owned and operated the facility since 2007. Under its ownership, CoreSite has developed more than 80,000 square feet of new, enterprise-class data center capacity and retains additional space to develop further capacity to support customer growth requirements. Additionally, at the facility CoreSite has created a vibrant ecosystem of network and cloud customers supporting enterprise requirements for performance underpinned by industry-leading reliability, security and service.

For more information on CoreSite’s CH1 data center, visit

About CoreSite

CoreSite Realty Corporation (NYSE:COR) delivers secure and reliable data center solutions across eight key North American markets. CoreSite connects, protects and delivers an optimal performance environment and continued operation of mission-critical data and IT infrastructure for enterprises and Internet, private networking, mobility, and cloud service providers. CoreSite's scalable platform of over two and a half million square feet of efficient, network-dense, cloud-enabled data center capacity enables customers to accelerate business performance, reduce operating costs and increase flexibility across their IT and communications systems. CoreSite's 350 professionals deliver best-in-class service by placing customer needs first in supporting the planning, implementation and operating requirements foundational to delivering reliable, secure and efficient IT operating environments.

More than 750 of the world’s leading enterprises, carriers and mobile operators, content and cloud providers and media and entertainment companies choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. CoreSite provides valuable gateways to global business opportunities with direct access to more than 275 carriers and ISPs, inter-site connectivity and CoreSite's Open Cloud Exchange, which supports rapid, efficient and scalable Ethernet access to multiple key public clouds, enabling simple, flexible, multiple-cloud capabilities. For more information, visit

About Classified Ventures

Classified Ventures, LLC helps shoppers find the perfect car through its award-winning website, A strategic joint venture among five media companies including A. H. Belo Corp. (NYSE: AHC), Gannett Co. Inc. (NYSE: GCI), The McClatchy Co. (NYSE: MNI), Tribune Co. and The Washington Post Co. (NYSE: WPO), Classified Ventures seeks to capitalize on revenue growth in online advertising in the automotive category. For more information, please visit

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 CoreSite's data centers in certain markets and any adverse developments in local economic conditions or the 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; CoreSite's failure to obtain necessary outside financing; CoreSite's 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; and other factors affecting the real estate industry generally. All forward-looking statements reflect CoreSite's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, CoreSite 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 CoreSite's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in CoreSite's most recent annual report on Form 10-K, and other risks described in documents subsequently filed by CoreSite from time to time with the Securities and Exchange Commission.

Subscribe to CoreSite

By submitting this form, you agree to receive these communications at your provided email address. See our Privacy Policy for more details or click here to change your preferences and to opt-out at any time.