CoreSite Realty Corp., a major US provider of wholesale data center space, reported revenue of US$53.8m for the third quarter – 21.2% up year over year. Its funds-from-operations (FFO) figure (real estate world’s equivalent of income) was $0.40 per share – a 14.3% increase from Q3 2011.

CEO Tom Ray said the company’s bookings were lower than usual because the deals it made during the quarter were small and because of major changes in its sales organization.

“New and expansion bookings were below our trailing average, driven by an absence of bookings exceeding 250 kilowatts and a temporary reduction of sales staff as we transformed to a vertical selling model,” Ray said.

The company added leases and expanded existing ones, which it said would cumulatively result in $2m of annual rent revenue. Some leases it signed earlier commenced during the fourth quarter, purring nearly 40,000 sq ft of space in the company’s data centers under active lease at $146 per square foot per year.

Finally, CoreSite secured entitlements to expand its data center in Reston, Virginia.

Equinix’ M&A activity reflects on Q3 results

Retail-colocation giant Equinix reported about $489m in revenue for the third quarter – up from the $408m in reported for Q3 2011. Its net income was $29.2m, compared with $20.64m reported for the same quarter last year.

Steve Smith, the company’s president and CEO, said Equinix would press on with its core strategic pillars: interconnection, global reach and customer ecosystems. “We believe the value of our global interconnection platform and further development of our business ecosystems will underpin our competitive position in support of our long-term opportunity,” he said.

The quarter’s results included effects from major changes Equinix has recently undertaken.

The results were affected by performance of ancotel GmbH, a Frankfurt-based data center provider it bought in July. The figures also reflected results of Asia Tone, a Hong Kong-based provider Equinix bought the same month.

Equinix has also sold 16 of its US data centers to a group of investors for about $75m. Revenue from these properties was not included in Q3 results.

Digital reports 25% YOY revenue growth

Digital Realty Trust, a San Francisco-based global data center developer and provider of wholesale data center space, reported $342.5m in revenue – up 25.2% year over year. Its net income for the third quarter was about $60m, compared to $37.7m the company reported for Q3 2011.

Its FFO was $154.7m, or $1.13 per share, which was a 12% year-over-year increase.

Digital’s CEO Michael Foust said the company was well positioned for growth because of its reputation, properties and the ability to raise funds. “Our global footprint and customer relationships, strong balance sheet and access to attractively priced capital combined with our acquisition and development expertise, have continued to generate earnings growth for our shareholders.”