CoreSite Realty Corporation announced that Tom Ray is retiring from the Company and that its Board of Directors has appointed Paul Szurek as President and Chief Executive Officer. Mr. Szurek, who has been CoreSite's lead independent director since September 2010, will assume the role on September 10, 2016, and Mr. Ray will step down from his role as CoreSite's President, CEO and Board Director and will continue to serve as a consultant to the Company to assist with the transition through June 30, 2017. Paul E. Szurek has served as a CoreSite director since September 2010.

Mr. Szurek has been Chief Financial Officer of Biltmore Farms, LLC, a residential and commercial real estate development and operating company, since 2003. Prior to joining Biltmore Farms, LLC, Mr. Szurek served as Chief Financial Officer of Security Capital Group Incorporated, a publicly traded real estate investment, development and operating company with extensive REIT engagement.