DENVER--(BUSINESS WIRE)--Jan. 22, 2014-- CoreSite Realty Corporation (NYSE:COR), a provider of network-dense, cloud-enabled enterprise-class data center products and services, today announced the income tax allocation for federal income tax purposes of its 2013 distributions on its common and preferred stock.
Under the tax rules applicable to real estate investment trusts such as CoreSite, the entire amount of the January 15, 2014, distribution applies to tax year 2013.
CoreSite’s tax return for the year ended December 31, 2013, has not been filed. As a result, the income tax allocation for the distributions discussed above has been calculated using the best available information as of the date of the release.
Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns. Also note that state and local taxation of real estate investment trust distributions varies and may not be the same as the taxation under the federal rules. CoreSite encourages shareholders to consult with their own tax advisors as to their specific federal, state, and local income tax treatment of CoreSite distributions.
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 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, multi-cloud capabilities.
For more information, visit www.CoreSite.com.