{"id":689072,"date":"2022-09-27T07:09:49","date_gmt":"2022-09-27T11:09:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/coresite-expands-in-miami-completes-acquisition-of-state-of-the-art-data-center\/"},"modified":"2022-09-27T07:09:49","modified_gmt":"2022-09-27T11:09:49","slug":"coresite-expands-in-miami-completes-acquisition-of-state-of-the-art-data-center","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/coresite-expands-in-miami-completes-acquisition-of-state-of-the-art-data-center\/","title":{"rendered":"CoreSite Expands in Miami, Completes Acquisition of State-of-the-Art Data Center"},"content":{"rendered":"

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CoreSite Expands in Miami, Completes Acquisition of <\/b>State-of-the-Art Data Center<\/b><\/p>\n

Purpose-Built Facility Adds Immediate Capacity in Growing Market<\/i><\/p>\n

DENVER–(BUSINESS WIRE<\/a>)–
\nCoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (\u201cAmerican Tower\u201d), today announced its expansion in the Miami market with the acquisition of a modern, purpose-built 103,000-square-foot data center (MI2) located at 2100 NW 84th<\/sup> Avenue in Doral, Florida. CoreSite also owns and operates a 43,000-square-foot data center (MI1<\/a>) in downtown Miami located at 2115 NW 22nd Street.\n<\/p>\n

\nThe MI2 Miami data center is a freestanding facility in America\u2019s Gateway Park built to withstand a Category 5 hurricane with a 185-mph-gust-rated roof. As part of the integration process, CoreSite will be connecting MI2 to the company\u2019s MI1 data center, which will offer customers enhanced access to a more robust ecosystem in addition to the fiber providers currently available in the facility. With the augmentation of MI2 to CoreSite\u2019s Miami data center campus, businesses will have more IT infrastructure options and immediate capacity to enter into, or expand their footprint, in the growing Miami market.\n<\/p>\n

\n\u201cMiami serves as a key conduit for businesses to manage and grow operations in both North and South America. This expansion in the CoreSite Miami data center campus<\/a> will provide the hybrid IT solution enterprises turn to for secure and scalable connectivity to South America from the U.S,\u201d said Juan Font, President and CEO of CoreSite and SVP of U.S. Tower. \u201cWe are excited to build on our proven record of operational excellence in the greater Miami area where we have been operating since 2006, offering optimal customer experience, critical security and business continuity support and access to cloud and network providers.\u201d\n<\/p>\n

\nThe MI2 data center features critical building infrastructure with all major systems designed to be concurrently maintainable, while CoreSite\u2019s MI1 is strategically located downtown and provides ultra-low latency to greater Miami and South American network points of presences (POPs) \u2014 creating an ideal interconnection site for content caching.\n<\/p>\n

\nCoreSite\u2019s expanded Miami data center campus will have a combined square footage of nearly 150,000 to help propel global digital transformation for businesses across all industries. In addition, customers will be able to leverage the Open Cloud Exchange\u00ae<\/a> , CoreSite\u2019s leading interconnection platform that provides superior connectivity and a robust and interconnected partner ecosystem needed to reach new markets, rapidly scale on-demand, reduce total cost of operation and accelerate IT modernization.\n<\/p>\n

\nThe MI2 acquisition is part of CoreSite\u2019s ongoing effort to add large scale, purpose-built capacity and richer connectivity options in the company\u2019s existing markets, as well as strengthen its Southeastern regional footprint following the addition of two data centers in Atlanta<\/a> and one in Orlando<\/a> earlier in 2022. The integration of these assets into the CoreSite data center portfolio enhances CoreSite\u2019s offering which now includes 28 data centers across 10 markets, 450+ networks, 23 native cloud onramps and 35,000+ interconnections.\n<\/p>\n

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