{"id":1004458033,"date":"2020-06-23T04:24:12","date_gmt":"2020-06-23T12:24:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004458033"},"modified":"2020-06-23T04:24:12","modified_gmt":"2020-06-23T12:24:12","slug":"cim-group-delivers-creative-office-space-in-austin","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/","title":{"rendered":"CIM Group Delivers Creative Office Space in Austin"},"content":{"rendered":"<div id=\"attachment_1004458075\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004458075\" data-attachment-id=\"1004458075\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/building-e-image-courtesy-of-cim-group\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Building E. Image courtesy of CIM Group\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Building E. Image courtesy of CIM Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg?w=800\" class=\"wp-image-1004458075 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004458075\" class=\"wp-caption-text\">Building E. <em>Image courtesy of CIM Group<\/em><\/p><\/div>\n<p>CIM Group has completed the first newly constructed building at its adaptive reuse project in Austin, Texas, adding the <a href=\"https:\/\/www.commercialsearch.com\/news\/building-l-expands-penn-field-campus-in-austins-soco-district\/\">44,025-square-foot Building E<\/a> to its Penn Field office campus.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/flex-office-sector-shows-signs-of-bouncing-back-qa\/\">Flex Office Sector Shows Signs of Bouncing Back: Q&amp;A<\/a><\/p>\n<hr>\n<p>Construction on Building E, previously known as Building L, began in May 2019 with the aim to expand the creative office space offered by CIM\u2019s Penn Field mixed-use campus. As the only new construction, Building E was designed to match the industrial background of the existing properties in Penn Field.<\/p>\n<p>The two-story property was designed with large floorplates on each level, high ceilings, floor-to-ceiling windows and outdoor patios and terraces. Building E was developed to accommodate either a single user for the entire 44,205-square-foot property, users who want a full floor that is approximately 21,000 square feet, or tenants looking for smaller floorplates starting at 8,000 square feet. According to CIM, the shell spaces are ready to be designed and built to a tenant\u2019s specifications and needs.<\/p>\n<p>The campus is located by Interstate 35 and Highways 71 and 290, as well as more than 3 miles away from downtown Austin.<\/p>\n<h2>Converting a former air base to creative offices<\/h2>\n<p>CIM\u2019s Building E is the first new building constructed in Penn Field and the 11th building overall within the 16-acre campus located at 3601 S. Congress Ave. The mixed-use property was an adaptive reuse project that converted a 1918 U.S. Army air base and its old brick structures into a creative office campus that is now home to many tenants including Gibson Guitars, iHeart Radio and Pandora.<\/p>\n<p>With 11 buildings in total, Penn Field currently offers floorplates that range from 541 square feet to the full 44,205-square-foot capability of the new Building E. While Building E has shell spaces, the other vacancies are either second generation or are move-in ready.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest building at the company\u2019s Penn Field mixed-use campus offers floorplates from 8,000 to 44,205 square feet.<\/p>\n","protected":false},"author":883,"featured_media":1004458075,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21743,21742,21747],"tags":[33971,33194],"class_list":["post-1004458033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-deals","category-latest","category-office","tag-adaptive-reuse-projects","tag-cim-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CIM Group Delivers Creative Office Space in Austin - 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-delivers-creative-office-space-in-austin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIM Group Delivers Creative Office Space in Austin\" \/>\n<meta property=\"og:description\" content=\"The latest building at the company\u2019s Penn Field mixed-use campus offers floorplates from 8,000 to 44,205 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/\" \/>\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=\"2020-06-23T12:24:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\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-delivers-creative-office-space-in-austin\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/\",\"name\":\"CIM Group Delivers Creative Office Space in Austin - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\",\"datePublished\":\"2020-06-23T12:24:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cim-group-delivers-creative-office-space-in-austin\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/Building-E.-Image-courtesy-of-CIM-Group.jpg\",\"width\":800,\"height\":620,\"caption\":\"Building E. 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