We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CoreSite (COR) Is Gamblit Gaming's Data Center Partner
Read MoreHide Full Article
CoreSite Realty Corporation (COR - Free Report) has been selected by Gamblit Gaming as its first data center solution partner in the U.S. The deployment is particularly within CoreSite’s Los Angeles data center campus. This campus – comprising the One Wilshire (LA1) and LA2 data centers – has over 570,000 square feet of data center space.
CoreSite’s carrier-neutral platform of network-rich, cloud-enabled facilities has been the primary reason for this selection. Gamblit will enjoy scalability and flexibility to put up future growth. Moreover, this Los Angeles campus has a strong local customer base of more than 450 companies that includes an established gaming, media and entertainment community of interest.
Further, it has access to cloud providers like AWS, Microsoft (MSFT - Free Report) and Google, whose parent company is Alphabet Inc. (GOOG - Free Report) , within the campus; hence the deployment seems a strategic fit for Gamblit that is preparing for a great launch into casinos through the U.S.
As a matter of fact, with growth in cloud computing, Internet of Things and big data, and an increasing number of companies opting for third-party IT infrastructure; data center REITs are experiencing a boom market. These REITs have pulled in their capital and scored well on the return book.
CoreSite delivers secure, reliable, high-performance, enterprise-class data centers and interconnection solutions across eight strategic North American markets and stands well to capitalize on this trend.
CoreSite currently sports a Zacks Rank #3 (Hold). However, investors interested in the REIT industry may consider a better-ranked stock – DuPont Fabros Technology, Inc. – which holds a Zacks Rank #2 (Buy).
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
CoreSite (COR) Is Gamblit Gaming's Data Center Partner
CoreSite Realty Corporation (COR - Free Report) has been selected by Gamblit Gaming as its first data center solution partner in the U.S. The deployment is particularly within CoreSite’s Los Angeles data center campus. This campus – comprising the One Wilshire (LA1) and LA2 data centers – has over 570,000 square feet of data center space.
CoreSite’s carrier-neutral platform of network-rich, cloud-enabled facilities has been the primary reason for this selection. Gamblit will enjoy scalability and flexibility to put up future growth. Moreover, this Los Angeles campus has a strong local customer base of more than 450 companies that includes an established gaming, media and entertainment community of interest.
Further, it has access to cloud providers like AWS, Microsoft (MSFT - Free Report) and Google, whose parent company is Alphabet Inc. (GOOG - Free Report) , within the campus; hence the deployment seems a strategic fit for Gamblit that is preparing for a great launch into casinos through the U.S.
As a matter of fact, with growth in cloud computing, Internet of Things and big data, and an increasing number of companies opting for third-party IT infrastructure; data center REITs are experiencing a boom market. These REITs have pulled in their capital and scored well on the return book.
CoreSite delivers secure, reliable, high-performance, enterprise-class data centers and interconnection solutions across eight strategic North American markets and stands well to capitalize on this trend.
CoreSite currently sports a Zacks Rank #3 (Hold). However, investors interested in the REIT industry may consider a better-ranked stock – DuPont Fabros Technology, Inc. – which holds a Zacks Rank #2 (Buy).
CORESITE REALTY Price
CORESITE REALTY Price | CORESITE REALTY Quote
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>