![CIM Group Transportation Infrastructure - Parking at Jack London Square in Oakland, CA](https://cdn.prod.website-files.com/63863c593fd9ef206df105ac/644997086cac46d26101a0dc_Transportation-Hero-1920x720.jpg)
Transportation
Creating value:
Within our infrastructure strategy, one of the key sectors we emphasize is Transportation. This includes the ownership of off- and on-street single asset parking facilities and last-minute transportation solutions to support the needs of community downtowns and central business districts.
We may create value with Transportation opportunities through any of the following methods:
- Optimizing operations
- Converting and/or partially re-purposing assets
- Upgrading and improving assets
![CIM Group Transportation Infrastructure - Motor Mart Parking Garage in Boston, MA](https://cdn.prod.website-files.com/63863c593fd9ef206df105ac/643f2431b5c329e366eb8552_Transportation-Figure-990x557.jpg)
![CIM Group Transportation Infrastructure - 200 Stuart in Boston, MA](https://cdn.prod.website-files.com/63863c593fd9ef206df105ac/6449970775f4c740b3012f7c_Transportation-PropTypes-990x500.jpg)
Potential Transportation types:
- Downtown parking garages
- Vehicle charging and service areas
- Vehicle storage and transportation nodes
- “Last-mile” transportation solutions from transportation hubs to homes
Pine Street Garage
Seattle, WA
Pine Street Garage is an 844-stall parking garage located in the heart of downtown Seattle. With approximately 20,300 square feet, this multi-level parking structure provides easy access to hotels, shops and restaurants throughout the downtown area.
The garage is located within a 0.6-mile radius of popular tourist destinations including Pike Place Market, the Washington State Convention Center, numerous residential and office buildings, premier retail and restaurants, and Seattle’s five largest hotels.
![CIM Group Transportation Infrastructure - Pine Street Garage in Seattle, WA](https://cdn.prod.website-files.com/63863c593fd9ef206df105ac/64499707a5f8e93cff502562_Transportation-PineSt-990x500.jpg)
CIM acquired this asset in February 2018, noting its prime location and the opportunity to connect locals and visitors to the surrounding area.
Through Pine Street Garage, we are making a positive impact in the community by providing clean and efficient parking services for a multitude of office workers, neighboring hotels, tourists and shoppers who visit the area every day.