Denver, CO—July 13, 2017—CoreSite Realty Corporation (NYSE:COR, news, filings), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced that LANAIR Group, LLC, a company that designs, implements and manages customized IT and Unified Communication systems, has chosen CoreSite as its data center solution partner, deploying within CoreSite’s Los Angeles data center campus.
LANAIR Group chose CoreSite’s Los Angeles campus as its go-to data center for all of its network operations due to CoreSite’s leading position in the Los Angeles market, with more than 350 network, cloud and IT service providers among the diverse local customer base. Additionally, CoreSite’s flexible and scalable purpose-built, enterprise-class LA2 data center provides LANAIR with the opportunity to continue to grow its business in a secure and reliable high-performance colocation environment.
“LANAIR’s engagement with CoreSite has been very good; the customer experience from point of order to cutover was nothing less than exceptional,” said Neil Hawkins, Partner and COO at LANAIR Group, LLC. “Not only does CoreSite offer the reliability and performance we need to support our clients, it has the capacity to scale with our business. We look forward to a long relationship with CoreSite.”
The CoreSite Los Angeles campus includes two data center facilities—LA1, also known as One Wilshire®, one of the most interconnected buildings in the world, and LA2 with over 424,000 square feet of scalable space in downtown Los Angeles. CoreSite’s Los Angeles campus community features more than 500 network, cloud and enterprise customers, as well as direct access to the largest peering exchange on the West Coast—CoreSite’s Any2Exchange® for Internet peering. This combination of scalable space and opportunities for interconnection makes CoreSite’s Los Angeles campus a premier option for businesses looking to support mission-critical IT applications.
“We are pleased that LANAIR Group chose to deploy in our Los Angeles campus, leveraging our flexible and scalable colocation solution,” said Maile Kaiser, Vice President of Sales at CoreSite. “Our network-dense environment will provide LANAIR Group the capability to take its business to the next level.”
ABOUT CORESITE
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer community across eight key North American markets. More than 1,000 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 400+ 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.
CORESITE MEDIA CONTACT
Greer Aviv
VP, Investor Relations and Corporate Communications
+1 303.405.1012
+1 866.777.CORE
greer.aviv@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 CoreSite’s control, that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of CoreSite’s data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition; CoreSite’s failure to obtain necessary outside financing; CoreSite’s failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; 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.
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