CoreSite Realty Corporation Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: C6779CD8B54BEN
BAC Reports

Abstracts

CoreSite Realty Corporation Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between CoreSite Realty Corporation and its competitors. This provides our Clients with a clear understanding of CoreSite Realty Corporation position in the Industry.

• The report contains detailed information about CoreSite Realty Corporation that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for CoreSite Realty Corporation. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The CoreSite Realty Corporation financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes CoreSite Realty Corporation competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of CoreSite Realty Corporation business.

About CoreSite Realty Corporation

CoreSite Realty Corporation owns, develops, and operates data centers in the United States.

Portfolio

As of December 31, 2009, the company’s property portfolio included 10 operating data center facilities, 1 data center under construction and 1 development site, which collectively consist of approximately 2.0 million net rentable square feet (NRSF), of which approximately 1.0 million NRSF is existing data center space. These properties include 299,819 NRSF of space available for lease, of which 171,956 NRSF is available for lease as data center space. Its portfolio also contains 531,885 NRSF of existing space within its operating properties that can be redeveloped or developed into data center space, of which 125,761 NRSF is under construction. Additionally, it owns 12.6 acres of property in Santa Clara, California housing 6 buildings and consisting of 179,600 NRSF of office and light-industrial space.

One Wilshire, Los Angeles, California (Via Leasehold Interest)

This property consists of 172,970 total square feet, of which 164,021 NRSF is data center and ancillary support space. One Wilshire is a 664,108 square-foot, 30-story office tower located in downtown Los Angeles, California.

55 S. Market, San Jose, California

55 S. Market is a 15-story office and telecommunications tower located in downtown San Jose, California.

427 S. LaSalle, Chicago, Illinois

427 S. LaSalle is a seven-story data center and office building in downtown Chicago, Illinois.

900 N. Alameda, Los Angeles, California

900 N. Alameda, located in Los Angeles, California consist of five stories, including a basement level. The building is 12 blocks from the company’s One Wilshire facility and the 2 are connected through multiple fiber networks, which allow the customers at 900 N.

12100 Sunrise Valley, Reston, Virginia

12100 Sunrise Valley is a two-story data center and office facility situated on a 13.8-acre site located in Reston, Virginia. An affiliate of The Carlyle Group purchased 12100 Sunrise Valley.

70 Innerbelt, Boston, Massachusetts

70 Innerbelt is a two-story building located in the Boston metropolitan area two miles from the city’s Central Business District.

Coronado-Stender Business Park, Santa Clara, California

The Coronado-Stender Business Park consists of 7 buildings ranging in size from 10,670 to 50,400 square feet. The entire site comprises 15.75 acres, of which a 12.6 acre development site housing 6 buildings represents the Coronado-Stender Properties. The Coronado-Stender Business Park also includes 2901 Coronado, a 50,000 NRSF data center under development as of December 31, 2009. The Coronado-Stender Business Park is located in Silicon Valley adjacent to the Central Expressway on Coronado Drive and Stender Way in Santa Clara, California.

Coronado-Stender Properties: The Coronado-Stender Properties encompass a 12.6 acre development site with 6 buildings consisting of 179,600 NRSF of office and light-industrial operating space.

2901 Coronado: 2901 Coronado is located within the Coronado-Stender Business Park in Santa Clara, California. The first phase of the development of the 50,000 NRSF at 2901 Coronado was completed in April 2010. The company executed a lease for 100% of this property to an online social networking company.

1275 K Street, Washington, District of Columbia (Via Leasehold Interest)

This property consists of 23,921 total square feet, of which 22,137 NRSF is data center and ancillary support space. 1275 K Street is a 12-story office and telecom building located on the northeast corner of K and 13th Streets in Washington, DC. The property is located on Franklin Square Park in the downtown business district.

32 Avenue of the Americas, New York, New York (Via Leasehold Interest)

The company’s leasehold interest at 32 Avenue of the Americas consists 49,303 total square feet, of which 48,404 NRSF is data center and ancillary support space. The 32 Avenue of the Americas building consist of 1.2 million NRSF of space across 27 stories and was originally designed and constructed as AT&T’s World Headquarters.

1656 McCarthy, Milpitas, California

1656 McCarthy is located in Milpitas, California. An affiliate of The Carlyle Group purchased the property in 2006. At the time of acquisition, the property was vacant and partially built out as data center space. Following the acquisition, the company completed and upgraded 71,847 NRSF of data center space.

2115 NW 22nd Street, Miami, Florida

2115 NW 22nd Street is a three-story data center in Miami, Florida. The property is located between Miami International Airport and the Central Business District.

Customers

The company’s customer base consists of approximately 600 customers, including enterprise customers, communications service providers, media and content companies, government agencies and educational institutions. Its customers include Sprint Communications Corporation; Verizon Communications; Facebook, Inc.; Tata Communications; Internap Network Services Corporation; Gov’t of District of Columbia; Nuance Communications; NBC Universal, Inc.; and Akamai Technologies, Inc.

Competition

The company competes with various developers, owners, and operators of technology-related real estate and data centers, many of which own properties similar to its in the same markets in which its properties are located, including Digital Realty Trust, Inc., Dupont Fabros Technology, Inc., 365 Main Inc., Equinix, Inc., Terremark Worldwide, Inc., Savvis, Inc., and Telx Group Inc.

History

CoreSite Realty Corporation was founded in February 2010.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. CORESITE REALTY CORPORATION COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. CORESITE REALTY CORPORATION BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. CORESITE REALTY CORPORATION SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. CORESITE REALTY CORPORATION FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. CORESITE REALTY CORPORATION COMPETITORS AND INDUSTRY ANALYSIS

5.1. CoreSite Realty Corporation Direct Competitors
5.2. Comparison of CoreSite Realty Corporation and Direct Competitors Financial Ratios
5.3. Comparison of CoreSite Realty Corporation and Direct Competitors Stock Charts
5.4. CoreSite Realty Corporation Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. CoreSite Realty Corporation Industry Position Analysis

6. CORESITE REALTY CORPORATION NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. CORESITE REALTY CORPORATION EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. CORESITE REALTY CORPORATION ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. CORESITE REALTY CORPORATION IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. CORESITE REALTY CORPORATION PORTER FIVE FORCES ANALYSIS²

12. CORESITE REALTY CORPORATION VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

CoreSite Realty Corporation Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
CoreSite Realty Corporation 1-year Stock Charts
CoreSite Realty Corporation 5-year Stock Charts
CoreSite Realty Corporation vs. Main Indexes 1-year Stock Chart
CoreSite Realty Corporation vs. Direct Competitors 1-year Stock Charts
CoreSite Realty Corporation Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

CoreSite Realty Corporation Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
CoreSite Realty Corporation Key Executives
CoreSite Realty Corporation Major Shareholders
CoreSite Realty Corporation History
CoreSite Realty Corporation Products
Revenues by Segment
Revenues by Region
CoreSite Realty Corporation Offices and Representations
CoreSite Realty Corporation SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
CoreSite Realty Corporation Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
CoreSite Realty Corporation Capital Market Snapshot
CoreSite Realty Corporation Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
CoreSite Realty Corporation Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
CoreSite Realty Corporation Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?