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Fri, January 28, 2011

CoreSite Announces 2010 Dividend Tax Treatment


Published on 2011-01-28 04:41:31 - Market Wire
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DENVER--([ BUSINESS WIRE ])--CoreSite Realty Corporation (NYSE:COR) today announced the tax treatment of its 2010 distributions on its common shares (CUSIP: 21870Q105).

Record
Date

Payable
Date

Distribution
Per Share

Taxable
Ordinary
Dividends

Long-term
Capital
Gains

Long-term
Unrecaptured
Section
1250 Gain
Taxable at 25%

Qualified
Dividends

Return of
Capital

12/31/10 1/14/11 $0.13 $0.0415 $0.0000 $0.0000 $0.0000 $0.0000

Under the tax rules applicable to real estate investment trusts (REITs), such as CoreSite Realty Corporation, a portion of the January 14, 2011 distribution applies to tax year 2010. The remaining portion of the distribution will be applied to 2011 for federal income tax purposes. Shareholders are encouraged to consult their tax advisors as to their specific tax treatment of CoreSite Realty Corporation distributions.

About CoreSite

CoreSite Realty Corporation (NYSE: COR) delivers powerful, network-rich data centers that optimize, secure and interconnect the mission-critical IT assets of the worlda™s top organizations. 600+ customers, including Global 1000 enterprises, cloud providers, financial firms, and Government agencies, choose CoreSite for reliability, service and expertise in delivering customized, flexible data center solutions. CoreSite offers private data centers and suites, cage-to-cabinet colocation, and interconnection services, such as Any2, CoreSitea™s Internet exchange. The companya™s portfolio comprises more than two million square feet, including space held for redevelopment and development, and provides access to over 200 network service providers via 11 data centers in seven key U.S. economic centers. Obtain more information at [ www.CoreSite.com ].

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