CoreSite Realty Corporation is a comparably new company founded in 2001. It is an owner and operator of strategically located data centers in some of the largest and fastest growing data center markets in the United States, including Los Angeles, the San Francisco Bay and Northern Virginia areas, Chicago, Denver, Miami and New York City. CoreSite leases its space to a customer base ranging from enterprise customers to less space-intensive, more network-centric customers. It owns 14 data centers supporting over 750 customers across them. With growing clients’ needs the Company constantly develops quality of the service. The main drivers for growth are i) opportunity to expand leased data center NRSF (net rentable square feet) from available capacity and capacity currently under construction as well as by an additional 94% from existing shell space and lend held for development; ii) ability to increase average revenue per unit by optimizing customer deployments and increasing revenue contribution from power growth. The company is also growing vertically: in the 2nd quarter new product called Open Cloud Exchange was announced to enhance the value of their platform to enterprises seeking private and public cloud solution. Cloud service is demanded now, therefore, there is a great opportunity for expansion. CoreSite continues to sign new contracts, develop their business, design new projects and increase revenue. The Company believe that fundamental demand drivers remain healthy, market demand remains strong and their current development projects, while meaningful relative to their current size, represent only a small component of their internal growth opportunity. 1st half financial results. For the 6 month CoreSite increased its operating revenue by 15,2% y/y to $112,8mn mainly due to increase in rental and interconnection revenue. Operating expenses were growing slower – by 5,7% y/y to $97,1mn. As a result, net income significantly grew 4,4 times to $14,1mn. To conclude, we highly evaluate the Company’s potential as providing highly demanded services it is constantly growing, developing new projects and improving existing capacity according to the client’s needs, which substantially influences financial results. Consensus target price – $38,06, short-term goal - $36.