{"id":1004329790,"date":"2019-06-10T04:44:55","date_gmt":"2019-06-10T12:44:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004329790"},"modified":"2019-06-24T08:48:54","modified_gmt":"2019-06-24T16:48:54","slug":"cim-group-breaks-ground-on-boston-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/","title":{"rendered":"CIM Group Breaks Ground on Boston Office Asset"},"content":{"rendered":"
\"\"<\/a>

321 Harrison. Image courtesy of CIM Group<\/em><\/p><\/div>\n

CIM Group, in partnership with Nordblom Co., has broken ground on 321 Harrison, a 235,000-square-foot office property in Boston\u2019s South End. The Class A office building is rising above an existing three-story parking garage. The joint venture secured a $70 million construction loan for the property in 2017, Yardi Matrix data shows.<\/p>\n

Located at 321 Harrison Ave., the eight-story modern office property will have 29,000-square-foot floorplates, floor-to-ceiling windows, multiple outdoor areas, balconies and energy-efficient mechanical systems. The building is located next door to 1000 Washington St., an 11-story office building the joint venture acquired in 2017<\/a>.<\/p>\n

Enviable amenities, location<\/h2>\n

Both buildings will share new tenant amenities including a fitness center, caf\u00e9, bike storage and front desk services in a two-story lobby that can be accessed from both buildings through separate entrances. Other shared amenities will include lounge areas and a roof deck. The new office building is expected to be completed by the end of 2020.<\/p>\n

The location in the South End offers easy access to the nearby Massachusetts Turnpike, the Back Bay Train Station, South Station and the MBTA Silver Line. A variety of shopping and dining options are situated within walking distance.<\/p>\n

One of the largest projects in Massachusetts\u2019 history is slated to open later this month<\/a> in Everett, Mass. Wynn Resorts is expected to open the $2.6 billion Encore Boston Harbor Resort on June 23. The 3 million-square-foot property will include a 671-key hotel.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a joint venture with Nordblom Co., the firm is building a 235,000-square-foot Class A office property in the city’s South End neighborhood.<\/p>\n","protected":false},"author":745,"featured_media":1004329793,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21808,21742,10,21747],"tags":[33194,35762],"class_list":["post-1004329790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-featured","category-latest","category-northeast","category-office","tag-cim-group","tag-nordblom-company"],"acf":[],"yoast_head":"\nCIM Group Breaks Ground on Boston Office Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIM Group Breaks Ground on Boston Office Asset\" \/>\n<meta property=\"og:description\" content=\"In a joint venture with Nordblom Co., the firm is building a 235,000-square-foot Class A office property in the city's South End neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-10T12:44:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-24T16:48:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/321-Harrison-dusk-sm-e1560139585655.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"826\" \/>\n\t<meta property=\"og:image:height\" content=\"619\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Dutton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/\",\"name\":\"CIM Group Breaks Ground on Boston Office Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/321-Harrison-dusk-sm-e1560139585655.jpg\",\"datePublished\":\"2019-06-10T12:44:55+00:00\",\"dateModified\":\"2019-06-24T16:48:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9259ffaba4775229ae3556b9555e566d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-breaks-ground-on-boston-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/321-Harrison-dusk-sm-e1560139585655.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/321-Harrison-dusk-sm-e1560139585655.jpg\",\"width\":826,\"height\":619,\"caption\":\"321 Harrison. 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