RealEstateFlux

CIM Group buys Oakland Brandywine high-rises for $412M

Source: East Bay Business Times CIM Group has agreed to pay $412.5 million for five Oakland high-rise office properties owned by Brandywine Realty Trust totaling 1.7 million square feet reports East Bay Business Times.  The properties included in the sale are One Kaiser Plaza, also known as The Ordway building, 28 stories, 515,070 square feet; 1901 [...]

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Las Vegas and CIM Group Reach Development Agreement

Source: Businesswire.com The Las Vegas City Council today approved an agreement with CIM Group to develop the land adjacent to the museum planned for the historic Post Office Building on Stewart Avenue in the downtown district reports Businesswire.com. Under the agreement, the City of Las Vegas remains responsible for the museum, with CIM Group providing the [...]

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