DENVER--(BUSINESS WIRE)--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:
- A robust and rapidly growing customer community, including more than 125 network, cloud and IT service providers, as well as digital content and multimedia companies
- Direct access to leading global cloud providers and native connectivity to AWS Direct Connect
- Access to CoreSite’s leading suite of interconnection services, including a) secure, managed private interconnections, b) the CoreSite Open Cloud Exchange, providing dynamic access to on-demand cloud services, c) CoreSite’s Any2® Exchange for Internet peering, the largest IP exchange on the West Coast, and d) CoreSite’s Blended IP service
- Direct access to sub-sea cable systems connecting North America and Asia-Pacific
- 24x7x365 remote hands services available from CoreSite’s certified, skilled technicians
- Security features including 24x7x365 in-house on-site security officers, key card access, biometric scanners and double mantrap entries
- Flexible solutions including cabinets, cages, and build-to-suit suites
-
Compliance
support for industry-specific customer requirements, including the
following certifications and validations:
- Service Organization Control (SOC) 2 Type 2
- Statement on Standards for Attestation Engagements (SSAE) No. 16 (SOC 1) Type 2
- International Organization for Standardization certification (ISO 27001)
- Payment Card Industry (PCI) Data Security Standard (DSS)
- Health Insurance Portability and Accountability Act (HIPAA) validation
“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.”
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. 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
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 the Company’s control, which 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 the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company 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 the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s most recent annual report on Form 10-K, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.
