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American Tower Subsidiary CoreSite Expands NY Data Center Foot
Yahoo Financeยท 2025-10-04 20:55
Group 1 - American Tower (NYSE:AMT) is recognized as a strong investment for the next three years, particularly due to its subsidiary CoreSite's recent developments [1] - CoreSite has launched its new data center facility, NY3, located in Secaucus, New Jersey, which enhances its data center capacity in the New York metropolitan area [1][2] - The NY3 facility adds over 138,000 square feet to CoreSite's existing footprint, bringing the total New York market footprint to more than 442,000 square feet across three facilities [2] Group 2 - The New York campus provides direct cloud connections to AWS and serves a diverse range of clients, including global financial services and educational institutions [3] - CoreSite's NY2 and NY3 facilities are equipped to support high-performance and AI-driven workloads with advanced liquid cooling solutions for improved thermal efficiency [3] - American Tower operates approximately 150,000 communications sites and maintains a highly interconnected network of data center facilities in the U.S. [4]