Within our infrastructure strategy, one of the key sectors we emphasize is Digital Infrastructure. This includes data centers located near and/or serving large communities in the United States and Canada.
We may create value with Digital Infrastructure opportunities through any of the following methods:
- New construction
- Construction loans
- Upgrades and improvements
Potential Users of Digital Infrastructure:
- Telecom companies
- Financial services institutions
- Software platforms
400 Paul Data Center
San Francisco, CA
In 2017, CIM and a joint-venture partner acquired a 7.3-acre datacenter development site at 400 Paul in San Francisco. The site is ideally situated at the hub of more than 15 fiber networks served by international carriers. It is a key portal for incoming traffic from Europe and Asia to communities on the West Coast.
CIM completed the 242,000-square-foot powered data center shell with 24 megawatts of capacity in 2020.
The 400 Paul campus will help serve the needs of West Coast communities for quick and efficient data transmission to end users.