Thursday, September 23, 2010

CoreSite Raises $270.4 Million, Prices at Midpoint, IPO's Today

By David Gross

CoreSite (COR) priced at $16, in the middle of its projected $15-$17 range, and begins trading today on NYSE. The offering raised a total of $270.4 million for the data center REIT, which will be the third publicly traded stock in that category, along with DLR and DFT.

We have added CoreSite to the list of stocks tracked in the ticker in the widget in the right column.

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