ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CoreSite Launches NY3 Data Center, Expanding AI-Optimized Capacity in the New York Metro Area

Strategic, Purpose-Built Expansion Boosts Company’s East Coast Capabilities with Robust Connectivity and Access to a Diverse Ecosystem

CoreSite, an American Tower company (NYSE: AMT) empowering critical business and AI workloads that impact everyday life through interconnected data center solutions, today announced the completion of its newest facility, NY3. Located in Secaucus, New Jersey, and part of the New York metropolitan area, this purpose-built data center adds more than 138,000 square feet to CoreSite’s New York footprint. The asset is strategically positioned adjacent to CoreSite’s existing NY2 facility, forming one of the most connected and scalable data center campuses on the Eastern Seaboard.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250925044825/en/

CoreSite’s NY3 data center is located at 2 Emerson Lane, Secaucus, New Jersey, and offers more than 138,000 square feet of data center capacity.

CoreSite’s NY3 data center is located at 2 Emerson Lane, Secaucus, New Jersey, and offers more than 138,000 square feet of data center capacity.

CoreSite’s New York market footprint totals more than 442,000 square feet and includes NY1 (32 Avenue of the Americas, Manhattan, New York), NY2 (2 Emerson Lane, Secaucus, New Jersey) and the new NY3 data center. The company’s New York data center campus offers direct cloud connection to AWS and delivers a diverse ecosystem where enterprises, such as global financial services, higher education institutions as well as domestic and international carriers, securely and cost effectively conduct business. Customers in the New York metro area can leverage the Open Cloud Exchange® (OCX) to access all the major public cloud providers and high-count dark fiber interconnections to scale efficiently within and across all markets in CoreSite’s highly interconnected nationwide portfolio. CoreSite’s NY2 and NY3 facilities also offer the ability to deploy advanced liquid cooling solutions, providing customers with enhanced thermal efficiency needed to support high-performance and AI-driven workloads.

As enterprises accelerate their adoption of hybrid IT strategies, cloud interconnection has emerged as the #1 reason organizations choose colocation data centers for running generative AI applications and workloads, according to the 2025 State of the Data Center Report. High-density power and cooling capabilities—including liquid cooling—along with cost efficiency, compliance and security also rank as top priorities.

“The launch of NY3 represents more than just added capacity; it’s a strategic investment in our customers’ future,” said Adam Post, SVP of Finance and Corporate Development at CoreSite. “As AI and advanced workloads reshape industries, enterprises need infrastructure that is purpose-built for performance and scalability along with robust interconnectivity solutions to accelerate their digital transformation. NY3 delivers on that promise and will empower our customers in the New York market to innovate, connect and grow with confidence.”

CoreSite enabled new deployments at NY3 for organizations across the financial and technology sectors, including high-density research and trading environments requiring low-latency connectivity to financial exchanges, cloud-based platforms expanding capacity in the Northeast, and enterprise applications spanning both trading and general production operations. CoreSite was selected for its ability to provide reliable, interconnected infrastructure, strong network connectivity and the option to scale and expand in the future.

The completion of NY3 marks a milestone in CoreSite’s national growth strategy, as the company’s footprint now includes 30 data centers comprising approximately 4.5 million square feet across 11 strategic U.S. markets.

About CoreSite

CoreSite, an American Tower company (NYSE: AMT), is a leading interconnection data center platform that empowers businesses to future-proof their digital transformation initiatives. For more than 20 years, CoreSite’s purpose-built, highly interconnected data center campuses and team of experts have delivered the cloud-enabled, resilient and flexible digital ecosystems required for customers to quickly scale and interoperate their businesses to support the increasing demands of critical workloads, like AI and high-density applications. For more information, visit CoreSite.com and follow CoreSite on our Connect[ED] blog, LinkedIn and YouTube channels.

Forward-Looking Statements

This press release contains statements about future events and expectations, or “forward-looking statements,” all of which are inherently uncertain. We have based those forward-looking statements on management’s current expectations and assumptions and not on historical facts. These forward-looking statements involve a number of risks and uncertainties. For important factors that may cause actual results to differ materially from those indicated in our forward-looking statements, we refer you to the information set forth under the caption “Risk Factors” in Item 1A of American Tower’s most recent annual report on Form 10-K, and other risks described in documents American Tower subsequently files from time to time with the Securities and Exchange Commission. Neither we nor American Tower undertake any obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

Contacts

MEDIA CONTACT

Megan Ruszkowski

Vice President of Marketing and Sales Development

720-446-2014

press@CoreSite.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.