We believe outward actions reflect inner values.
Our core values of Integrity, Discipline and Respect permeate the culture at CIM. These ideals impact the way we interact with each other and characterize our relationships with stakeholders. Ultimately, our core values guide the actions we take to implement our vision for each project in every community.
Simply put, we believe we’re changing the world for the better by enhancing the lives of people in diverse communities across the Americas.
We find opportunities to create value where others don’t. We are passionate about urban revitalization, establishing dynamic districts, owning and operating essential real estate and infrastructure, and providing basic needs like energy in efficient and environmentally-friendly ways.
We become an important part of the communities in which we work, forging local relationships, understanding neighborhood priorities and viewing each community as our own.
260 Townsend Street | San Francisco, California
In 2006, CIM acquired 260 Townsend Street, a seven-story Class A office building with an adjacent 75-stall parking garage. The building is ideally situated in San Francisco’s SoMa submarket near the Central Business District and Mission Bay. We saw an opportunity to provide the community with more environmentally-responsible and resource-efficient office space by renovating this building.
We integrated sustainable design and construction practices into the building renovation, including installing a steel structural frame and adding high-quality commercial-grade aluminum and glass doors.
Due in part to these renovations, the U.S. Green Building Council designated the property a Gold LEED-EB Certified building. LEED-EB embraces ongoing building operations and maintenance that impacts building occupants or the environment.
One example of our sustainable efforts was improving water efficiency in the building. Overall water use post-renovation is approximately 40 percent less than pre-renovation consumption. We achieved this by replacing existing fixtures with new low-flow fittings, planting native landscape and installing high-efficiency irrigation.
260 Townsend Street has enhanced the community with expanded environmentally-responsible office space and created value for our stakeholders.
We are a proud member of the PRI, a United Nations-supported international network of investor signatories that work together to understand the investment implications of ESG factors.
We use the GRESB assessment as a tool to address our ESG practices and to measure the achievement of Key Performance Indicators (KPIs) at our assets.
We are a voluntary partner with the U.S. Environmental Protection Agency’s Energy Star® Program. Whenever possible, we strive to achieve Energy Star® and LEED green building ratings at our properties.
We maintain an internal Sustainability Task Force to steer the direction of our sustainability initiatives, partnering with tenants and local communities to implement sustainability practices.