American Tower $10.1 billion acquisition of CoreSite Realty
We are advising J.P. Morgan as financial adviser to American Tower
Davis Polk is advising J.P. Morgan as financial adviser to American Tower Corporation in connection with its $10.1 billion acquisition of CoreSite Realty Corporation. The transaction, which was unanimously approved by the boards of directors of both companies, is expected to close by the end of 2021.
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites. CoreSite delivers secure, reliable, high-uptime data center campuses with high-performance cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets.
The Davis Polk corporate team includes partner Phillips R. Mills and associate Katey Peardon. All members of the Davis Polk team are based in the New York office.