LOS ANGELES, March 02, 2022–(BUSINESS WIRE)–CIM Group, a community-focused real estate and infrastructure owner, operator, lender, and developer, announced today that three properties have achieved the UL Verified Healthy Building Mark for Indoor Air. CIM is committed to incorporating high Environmental, Social, and Governance (ESG) standards throughout each property’s life cycle as well as in its business strategies and day-to-day operations.
Properties Verified by UL include 55 Hawthorne, an 11-story, 136,000-square-foot office building in San Francisco, California; LoDo Towers, two 16- and 13-story office towers totaling more than 420,000 square feet in Denver, Colorado; and Eastside Village, a 95,000-square-foot office building in Austin, Texas. By achieving the UL Verified Healthy Building Mark, the properties demonstrate that they all have excellent indoor air quality (IAQ) performance.
To earn the UL Verified Healthy Building Mark, 55 Hawthorne, LoDo Towers, and Eastside Village participated in a thorough evaluation process, which included an audit, on-site inspections and IAQ testing, which included, among other assessments, measurement of total volatile organic compounds, formaldehyde, ozone, and a mold and moisture inspection. The program includes an annual reassessment coupled with surveillance at the mid-year point to maintain participation.
“We are proud to receive the UL Verified Healthy Building Mark for Indoor Air for these three properties, an accomplishment that demonstrates our ongoing commitment to providing quality indoor environments that benefit the health and wellness of our tenants,” said Bethany Chang, Managing Director, On-Site Property Management.
UL, the global safety science leader, developed this program to provide credible, third-party verification that buildings demonstrate IAQ excellence.
“By earning the UL Verified Healthy Building Mark, CIM Group has taken an important step in advancing indoor air quality,” said Sean McCrady, director of UL’s Asset and Sustainability Performance, Real Estate Properties group. “This is a critically important effort as stakeholders from investors to tenants and regulatory bodies prioritize sustainability and wellness in buildings.”
The tiered UL Verified Healthy Building program verifies that an indoor space achieves exceptional indoor environmental performance based on a range of criteria. For more information about the program, visit https://www.UL.com/services/verified-healthy-buildings.
About CIM Group
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.
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