American Tower’s subsidiary, CoreSite, launched its newest data center facility, NY3, in New Jersey. Adjacent to NY2, it creates a highly connected data center campus. The NY3 facility adds 138,000 square feet to CoreSite’s New York footprint, totaling 442,000 square feet across three facilities in the New York metropolitan area, offering direct cloud connection to AWS and advanced cooling solutions.

American Tower (NYSE:AMT) is a prominent owner and operator of multitenant communications real estate with a vast portfolio of communications sites and US data center facilities. While AMT presents investment potential, certain AI stocks may offer greater growth and lower risk. For an undervalued AI stock benefiting from tariffs and onshoring, check out a free report on the best short-term AI stock.

Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: American Tower Subsidiary CoreSite Expands NY Data Center Foot