Logistics Firm Signs for 156K SF with CIM Group

Logistics Firm Signs for 156K SF with CIM Group

The Klabin Company/CORFAC International represented Columbia Container Lines LAX, Inc. in a 68-month lease transaction for a 156,096-square-foot industrial property located at 691-701 Burning Tree Rd. in Fullerton. The lease is valued at more than... Read more »
CIM Group Divests Greenwich Village Boutique Offices for M

CIM Group Divests Greenwich Village Boutique Offices for $46M

Newmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village. A joint venture between newly formed Bulldog Real Estate Partners and... Read more »
CIM Group Seeks Density Increase at In-Progress Project

CIM Group Seeks Density Increase at In-Progress Project

CIM Group is looking to increase density at an under-construction housing development in Hollywood.  The Los Angeles-based developer has filed new plans with the Department of City Planning to add an eighth... Read more »
CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood

CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood

CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at 5217 W. Adams Blvd. in Los Angeles. The completion comes just three... Read more »
CIM Group Acquires District La Brea Collection

CIM Group Acquires District La Brea Collection

CIM Group has acquired District La Brea, a collection of adjacent buildings with high-visibility retail storefronts and commercial space along La Brea Avenue in Los Angeles. Terms of the acquisition were not disclosed. The... Read more »
CIM Wraps Construction on Boutique Office Building  

CIM Wraps Construction on Boutique Office Building  

CIM Group has completed construction of a 55,673-square-foot, three-story creative office building with two levels of below-grade parking at 3000 Crenshaw Blvd. in Los Angeles. The owner-operator said 3000 Crenshaw offers open... Read more »
CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story, approximately 143,000-square-foot office building at 4750 Wilshire Blvd. into 68 luxury apartment... Read more »
CIM sells 888 at Grand Hope Park Complex in LA for 6M

CIM sells 888 at Grand Hope Park Complex in LA for $186M

CIM Group has sold 888 at Grand Hope Park, a 34-story luxury residential tower in Downtown Los Angeles, for $186 million, The Real Deal has learned.  The deal comes eight months after... Read more »