CoreSite Q2 Results by the Numbers

CoreSite, started in 2001, has over 2.5 million square feet of data center capacity and is included in WiredRE’s “Big 6” data center providers. In Q2 CoreSite signed 121 leases resulting in $9.4 million in annualized revenue, a value of $77,685 per annual client contract.  This revenue breaks down to a monthly recurring revenue (MRR) … Read more

50% of U.S. Venture Investment Goes to Bay Area

Silicon Valley is known for being the center of innovation and for start-ups that turn into booming Internet businesses. In the first quarter of 2014, the San Francisco Bay Area received 50% of U.S. venture investment according to the Venture Capital Journal. Beyond receiving such a remarkable percentage of the development funds, the city of … Read more

WiredRE Sells 275,000 Sq-Ft Denver, Colorado Data Center to California Data Center Operator

Key Highlights: Wired Real Estate Group Inc. (“WiredRE”) has advised two of the top three global telecom firms and over half of the top banks in the US in transactions up to $100 million. Transaction follows doubling of revenue in 2013 and recent wins in Colorado, Chicago, Pennsylvania and Virginia. Denver, CO / Las Vegas, … Read more

IMN 4th Annual Event: Financing, Investing & Real Estate Development for Data Center

Information Management Network (IMN) is returning to the Bay Area for the 4th Annual Financing, Investing & Real Estate Development for Data Centers Forum on October 28th and 29th. The event offers 21 panel sessions featuring over 90 speakers, 35 of which are C-level and President from data center. The 2013 event in San Jose … Read more