DENVER--(BUSINESS WIRE)--Oct. 12, 2016-- CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced the opening of “SV7”, the fifth building on CoreSite’s Santa Clara campus, and its seventh building in the Silicon Valley market, with 62% of the 230,000 net rentable square feet of turn-key capacity leased. CoreSite commenced and completed construction on the entire build out of SV7 in order to continue to meet strong demand for multi-tenant data center space in the Silicon Valley market.
CoreSite’s development of SV7 reflects the company’s strategy of operating a national platform of network-dense, cloud-enabled data centers, hosting enterprises, networks and cloud service providers to enable high-performance applications among CoreSite’s customers. SV7 offers a scalable, enterprise-class colocation and interconnection solution with close proximity to the heart of the high-tech Silicon Valley market, and features the latest in data center efficiency and redundancy designs.
At 230,000 square feet, SV7 is the largest among CoreSite’s five-building, 619,000-square foot Santa Clara campus, emerging as one of the leading hubs of interconnection and cloud services on the West Coast, and the largest among CoreSite’s seven-building, 780,000-square foot Bay Area portfolio. Nearly 200 customers, including enterprises, international and national carriers, social media companies, cloud-computing providers, and media and entertainment firms, connect to do business in CoreSite’s Silicon Valley data centers.
Beyond CoreSite’s industry-leading security, reliability, compliance support, and customer service, CoreSite’s Bay Area platform serves as an important foundation for key network and cloud providers. From this foundation, CoreSite’s local, regional and global customers are able to obtain direct, scalable access to best-in-class technology service partners and accelerate performance and reduce cost and complexity. Customers at CoreSite’s Bay Area data center campuses gain access to the following:
“We are pleased to announce the opening of SV7, which underlines our commitment to our continued growth in the important Silicon Valley market,” said Paul Szurek, CEO of CoreSite. “Santa Clara remains one of the top markets in the U.S., with strong data center demand driven by growth in the deployment of leading technology products and services, and we believe that our SV7 development provides a differentiated colocation solution to this robust market. Further, SV7 offers our customers seamless access to the network, cloud and enterprise communities of interest across CoreSite’s Santa Clara campus and the rest of CoreSite’s Silicon Valley data center market.”
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 900 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. CoreSite’s scalable, flexible solutions and 350+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com.
Forward Looking Statements
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