Our infrastructure strategy emphasizes sustainability while providing public goods and services, which serve as basic pillars supporting the growth of metropolitan communities.
We may create value with infrastructure opportunities through any of the following methods:
Illustrating our focus on balancing business goals with environmental, social and governance considerations throughout the lifecycle of each asset, we became a signatory of the United Nations Principles for Responsible Investing in May 2017. This commitment helps guide our strategy, approach and resources for sustainable investments.
Through our infrastructure strategy, we emphasize sustainability and provide necessary services to growing communities.
Below is one example of the many infrastructure projects we’ve initiated that emphasize sustainability and provide necessary services to growing communities. Our projects continue to play an essential role in the development of renewable energy, water supply, communication solutions and more. Through our infrastructure strategy, we seek to promote metropolitan community growth and provide real asset solutions to enhance communities across North America.
The first purpose-built data center in San Francisco in more than 10 years, the 400 Paul data center will support the data needs of the greater northern California market. Recognizing the growing need for communications infrastructure, our in-house team of experts acquired the property in 2017, obtained the necessary permits, renovated the two existing office buildings and began ground-up construction of the data center.
400 Paul is located in the Portola neighborhood of San Francisco and sits adjacent to 200 Paul, one of the most densely connected internet gateways in the United States. Upon completion in mid-2020, the project will consist of two office buildings (320 and 350 Paul) and the new 400 Paul data center, situated on a 7.3-acre site between the two major north-south fiber routes connecting San Francisco to Silicon Valley as well as at the hub of more than a dozen fiber networks serviced by multiple international carriers.
The two office buildings total over 55,000 square feet, and the data center is approximately 187,000 square feet. The project maintains permits with the City of San Francisco to access more than 15 underground fiber networks and 24 megawatts of primary power and 36 megawatts of back-up generation on site.
400 Paul is positively impacting people in communities by providing secure facilities for equipment that stores, processes and distributes data for both businesses and individuals.
There can be no assurance that CIM will replicate past results or meet its objectives in the future.
Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC
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