CoreSite Realty Corporation (NYSE:COR), a company with 450+ dedicated employees and one of its data center campuses located in Reston, Virginia, has planned to add 289,000 net rentable square feet of colocation space (50 megawatts of data center capacity) to its Reston data center campus. At full campus build-out, this data center campus will offer approximately 900,000 net rentable square feet of colocation space, with a total capacity of more than 100 megawatts.
CoreSite acquired the 21.75-acre light industrial / flex office park in November 2016 to expand its existing Reston, Virginia data center campus. Upon full build-out of its Reston expansion, CoreSite’s Northern Virginia data center footprint will comprise almost 1.4 million square feet of colocation space.
CoreSite’s Reston data center campus currently houses over 175 customers, providing access to more than 60 networks and over 50 cloud and IT service providers. Their Reston campus provides direct access to leading public cloud on-ramps, including AWS Direct Connect, Microsoft Azure ExpressRoute, Alibaba Cloud, and IBM Cloud Direct Link, as well as CoreSite’s own Open Cloud Exchange.
In addition to its cloud capabilities, CoreSite’s Reston colocation campus provides direct, “low-latency” network access to and from CoreSite’s data center campus in Washington, D.C., and key network access points along the Eastern Seaboard.
Data Center Retail Sales & Use Tax Exemption
“We are pleased with the opportunity to expand our network-dense, cloud-enabled campus in Reston, through which Fairfax County enterprises have access to world class, cost-effective IT infrastructure and cloud products, and through which clouds, networks and content companies service the Northern Virginia community,” said Juan Font, Senior Vice President of General Management of CoreSite. “Our type of data center campus provides a unique community in which regional technology companies and enterprises with digital services can grow and scale rapidly.”
CoreSite’s Reston, Virginia’s colocation customers can take advantage of the Virginia Data Center Retail Sales & Use Tax Exemption program towards the purchase of computer equipment and enabling software.
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