CIM Group
CIM Group Snags Boston Office Property
The company has partnered with longtime owner and manager Nordblom to acquire 1000 Washington St., a 242,000-square-foot building and adjacent parking garage in the city’s South End.
CIM Buys Brooklyn Office Building in $171M Deal
The sale is expected to close in the fourth quarter of 2017. Though barely in the top 10 tallest buildings in Brooklyn, 16 Court St. is reportedly the borough’s tallest commercial office property.
CIM, fifteenfortyseven Team Up for SF Data Center Buy
CIM Group formed a joint venture with data center builder fifteenfortyseven Critical Systems Realty to acquire a 7.3-acre property. The partners will build the first San Francisco data center in more than a decade.
CIM Group Closes LA Hotel Sale
The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.
Hines Nabs Sacramento Office Tower in $120M Deal
The transaction included not just the Kaplan McLaughlin Diaz-designed downtown building, but the attached 800-space parking structure and the 350-space parking facility as well.
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.
Serendipity Inks Lease for Renovated Nashville Tower
The workplace provider will offer full-time and part-time co-working spaces, team rooms, dedicated private offices and event space.
CIM Group Acquires Gramercy Tower
The company bought the Manhattan property from Mount Sinai Beth Israel Hospital for a reported $90 million.
CIM Group Announces Partnership to Attract Japanese Investors
Mitsui & Co. has committed between $450 million and $550 million to fund real estate and infrastructure projects across North America.
CIM Group Buys SF Office Asset for Hefty Price Tag
Almost 75 percent of the Class A office building is currently occupied by Yelp’s sales offices.