$350M Bolstering CoreSite Data Center Portfolio

SANTA CLARA, CA-CoreSite, a Denver-based data center operator with 10 properties under its belt is increasing its foothold in the Silicon Valley with a $350-million investment that will eventually add 230,000 square feet of data center space in three buildings. The first building, a 50,000-square-foot facility with eight megawatts of electrical capacity is scheduled for delivery in the first quarter of 2010.

CoreSite currently operates two Bay Area data centers, as well as eight other facilities across the United States. The new three-building campus at 2901 Coronado Dr. is designed to gain LEED Gold certification. In addition to energy efficient design, CoreSite Santa Clara will offer security features such as mantraps, CCTV surveillance and biometric scanners.

CoreSite executives were unavailable Thursday do discuss the specific location of the property and whether any of the space has been pre-leased. The company builds and manages data centers and currently provides two million square feet of wholesale data center space and collocation services to 500 customers.