CIM Group and fifteenfortyseven Critical Systems Realty (1547) acquired 340 Progress Circle, a build-to-suit single-tenant data center in Cheyenne, WY constructed for Green House Data in 2015. The 42,000 square-foot facility currently provides 2 MW of critical IT load capacity that is being expanded to 3 MW over the next four months to satisfy the growing demand for disaster recovery, cloud, colocation and related managed IT services.
1547 was the managing partner of the ownership company that developed and sold 340 Progress Circle, and joins CIM as a partner in the new ownership.
“The data center in Cheyenne combines high-quality infrastructure with low-cost power and high-capacity fiber, and continues the partnership’s goal of acquiring and developing premier datacenter assets in or adjacent to population centers to serve the growing data needs of businesses,” says 1547’s J. Todd Raymond.
This is the third data center that the CIM and 1547 partnership has acquired.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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