CoreSite

CoreSite, founded in 2001, is a leading data center provider specializing in the ownership, acquisition, construction, and management of secure, high-performance facilities. Operating in the Software & Technical Consulting and Software industries, the company delivers critical infrastructure for networking, storage, and communications technology. These specialized buildings provide essential power, cooling, and network connectivity for mission-critical IT equipment, serving telecommunications carriers, cloud providers, enterprise customers, and government agencies.

CoreSite operates 32 data center locations across major U.S. markets including Los Angeles, San Francisco Bay Area, Northern Virginia, Chicago, Boston, New York City, and Miami. The company employs between 500 - 1,000 professionals dedicated to delivering robust data center solutions. Their offerings encompass colocation, interconnection, and cloud services, supporting hybrid IT environments and ensuring high availability for digital media, financial, and educational institutions. Meet CoreSite's team to understand the expertise driving their operations and client success.

CoreSite's financial performance is marked by a revenue of $222.3M. The company has a history of strategic funding, including significant debt financing and a substantial private equity investment from Stonepeak Infrastructure Partners in October 2022. As a qualified Real Estate Investment Trust (REIT), CoreSite aims to distribute a significant portion of its taxable income to stockholders, potentially avoiding federal income taxes. The company competes in a dynamic market against entities like CyrusOne, Switch, and Cologix, focusing on providing network-dense, secure, and scalable data center solutions. Explore financial highlights for detailed insights into their fiscal performance and investment strategies.