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CoreSite Realty Corp., a data center focused real-estate investment trust focused announced it planned to raise up to $230 million said an SEC filing made on Thursday.

The firm said it would use the funds raised to repay debt, invest in operating partnerships and redevelop and add data center space to its real estate portfolio.

The firm has ten data center facilities, one under construction and one in development. It operates around 1 million sq ft of data center space.

Coresite recently appointed a an SVP of Capiral Markets, Rob Sistek, and an SVP of IT, Chuck Price. (see news below)

Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Inc. and RBC Capital Markets Corp. are acting for the firm.