Acquisitions

12 Months Ended

Dec. 31, 2012

Acquisitions

Acquisitions

3. Acquisitions

In April 2012, the Company paid cash of $2.6 million, net of cash received, to acquire a leasehold interest in two additional locations, DE1 and DE2, through the acquisition of Comfluent, a Denver, Colorado based data center operator.

On February 7, 2013, the Company paid cash of $23.4 million to acquire land and a vacant building, NY2, in Secaucus, NJ.

On September 28, 2010, we acquired the CoreSite Acquired Properties as part of the Company’s IPO for $316.8 million. In connection with the acquisition of the CoreSite Acquired Properties, we incurred $3.3 million of transaction costs. The results of operations for each of the acquired entities are included in our consolidated statements of operations only from the date of acquisition. The following table reflects the allocation of the purchase price for the entities we acquired on September 28, 2010 (in thousands):

Consideration paid
Issuance of operating partnership units	$	316,836
Allocation of consideration paid to acquire Coresite Acquired Properties
Net investments in real estate	$	334,839
Lease intangibles	82,124
Goodwill	41,191
Mortgage loans payable	(143,863		)
Below-market leases	(15,686		)
Other assets and liabilities acquired, net	18,231
Total allocation of consideration paid	$	316,836