The property consists of the existing, fully-built 2 megawatts facility, and includes entitlements for up to 60,000 sq ft of data center space.
CIM Group, in partnership with fifteenfortyseven Critical Systems Realty (“1547”), has announced the acquisition of a 42,000-sq-ft operating data center situated on 3.5 acres in Markham, ON which is part of the Greater Toronto Area. I.C.E Datacenters (Interconnection & Colocation for the Enterprise) sold the property to the partnership and will leaseback a significant portion of the data center. This acquisition adds to CIM Group's portfolio of diverse, infrastructure investments that includes renewable energy, urban parking facilities, water supply infrastructure, and waste solutions, and marks 1547’s first international data center location.