CIM's investment approach is process-oriented in its origination and diligence. CIM believes that the appropriate consideration of the needs and opportunities within a community as well as adhering to environmental, social and governance standards will lead to the most successful investments.
The consideration of the needs and opportunities within a community are supplemented by CIM’s operational standards, which includes environmental, social and governance criteria in performing investment, development and asset management activities.
CIM’s urban investment approach is a model for environmentally-sustainable city-building. By focusing investment and development activities in established and transitional urban communities, CIM facilitates the reuse or repurposing of existing buildings in response to growth and changing market demands. Urban redevelopment contributes to the growth of pedestrian and transit-oriented communities, the reduction of vehicle miles traveled, resource recycling, preservation of open or agricultural land and natural resources, and energy conservation. CIM also strives to operate properties to energy efficiency standards, and many of our properties are LEED-certified.
As an outgrowth of our urban investing approach, CIM is also focused on environmentally-conscious infrastructure investment and development such as water resources and renewable energy systems that benefit urban communities. CIM believes that continued energy efficiency and environmentally-friendly development in North America is a key driver to the future of urban districts.
CIM is committed to incorporating sustainable practices, social awareness, and integrity into our overall operational processes, which is fundamental to our fiduciary responsibility and ensures an alignment of interest with our investors. CIM formalized these longstanding values into a Sustainability Policy that provides a framework for environmental, social and governance considerations in our approach.
2 Cal, a 52-story, Class A office tower with approximately 1.42 million rentable square feet is located in the Bunker Hill District of downtown Los Angeles.
This timeless 10-story, 303,478 sf class A office building with street-level retail was built in 1991.