CoreSite Realty is a real estate investment trust, or REIT, which are required by the government to pay out 90% of their income to shareholders through dividends. One of the best known REITs is Realty Income (NYSE:O), which rents out a massive expanse of commercial properties to big-name companies.
Realty Income has had impressive success through the years, and has a number of things to like about it, which ultimately resulted in the company being placed into own investment portfolio. But in diving through CoreSite Realty's latest results, I found a number of similar qualities to Realty Income that piqued my interest.
I'm not quite ready to deem CoreSite company worthy of my investment yet. But as shown in the slide show below, a first glance reveals a number of attractive things about this company, and it's undeniably one I'll continue to look into.