CIM Group

  • CIM and 1547 Acquire $22M Facility in Ontario

    The partnership will market the Markham, Ont. facility, looking for potential tenants for the upcoming 60,000-square-foot expansion. The two companies will focus on both enterprise and wholesale clients.

    International 30 January 2018 16:00
  • Mission: Success—Ed Sachse

    During his 30-year career, this real estate professional has worn many hats: accountant, broker, property manager and cancer survivor. Today, he presides over Kennedy Wilson’s property services group, where he’s at the forefront of downtown L.A.’s groundbreaking reemergence.

    National 15 January 2018 11:00
  • Liquidation of New York REIT Accelerates

    In a $520 million deal, the company sold 1440 Broadway, a LEED Gold-certified office building in Manhattan, to CIM Group. The transaction is accompanied by plans to sell three more buildings, soon after the announcement of yet another disposition, as the company winds down.

    New York 21 December 2017 13:34
  • CIM Group Acquires Uber’s Uptown Station in Oakland, CA

    The buyer will continue redeveloping the former department store into a 356,000-square-foot Class A creative office and retail property, with the building expected to open by the end of 2018.

    San Francisco 20 December 2017 14:20
  • 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.

    Boston 20 September 2017 13:05
  • 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.

    New York 14 August 2017 11:50
  • 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.

    San Francisco 11 August 2017 12:10

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