CoreSite News

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

Schroder Investment Management North America Inc. Chooses CoreSite’s New York Campus to Expand Its U.S. Data Center Presence

March 10, 2016 at 7:00 AM EST
Download PDF

DENVER--(BUSINESS WIRE)--Mar. 10, 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 that Schroder Investment Management North America Inc. (“Schroders”) – a subsidiary of Schroders plc, a leading global asset manager headquartered in London – has chosen CoreSite as its data center solution partner in the U.S., deploying within CoreSite’s New York data center campus.

Schroders’ chose to partner with CoreSite for its expanded U.S. data center deployment based on CoreSite’s scalable platform of network-rich, cloud-enabled facilities, which Schroders believes will allow the company to support its growth initiatives within the Americas.

“It was important for us to choose a data center partner that provides high-performance colocation solutions to meet the growing needs of our organization while reducing the operational and IT risks for our company,” said Phillip Dundas, Head of Information Technology for Schroders in the Americas. “Not only does CoreSite offer the security and reliability we need for our clients, it has the flexibility and capacity to scale, as we look to grow and expand our business in the Americas.”

“We are pleased to partner with Schroders for its U.S. data center requirements, and welcome Schroders to our growing ecosystem of financial services enterprises in the New York market,” said Steve Smith, senior vice president of sales and marketing at CoreSite. “NY2 is a perfect solution for financial services enterprises looking to expand their businesses in a cost-effective, secure and reliable facility. Our team of experienced professionals looks forward to working alongside Schroders to support its growth objectives.”

CoreSite’s New York campus includes two data center facilities – NY1, comprised of over 48,000 square feet of data center space in the heart of Manhattan, and NY2, with over 236,000 square feet of data center space situated above the 500-year floodplain in Secaucus, NJ. CoreSite’s New York campus hosts over 40 network service providers and provides direct access to some of the world’s leading cloud service providers, all with robust, low-latency network access to Manhattan, supporting acceleration of customers’ IT performance while reducing customer costs.

About Schroder Investment Management North America Inc.

Schroder Investment Management North America Inc. is part of Schroders plc (SDR.L), a global asset management company with approximately USD 462.1 billion under management as of December 31, 2015. Schroders’ clients include institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of active strategies across equities, fixed income, multi-asset, alternative and real estate.

Schroder Investment Management North America Inc. is an investment advisor registered with the Securities and Exchange Commission. It provides asset management products and services to clients in the U.S. and Canada including Schroder Capital Funds (Delaware), Schroder Series Trust and Schroder Global Series Trust, investment companies registered with the SEC (the "Schroders Funds"). Schroder open-end mutual funds are distributed by Schroder Fund Advisors LLC, a member of FINRA.

About CoreSite

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. Our 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

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: any adverse developments in local economic conditions or the demand for data center space in these markets; operational difficulties, including difficulties relating to information systems, internal processes and information security; significant industry competition; financial market fluctuations; 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.