Penn Field (Airfield)

CIM Group and Partner Acquire Onyx183 Apartment Community in Austin

Retrieved on:

火曜日, 10月 10, 2023

CIM Group and its partner announced today the acquisition of Onyx183, a 390-unit apartment community located at 6800 McNeil Dr. in Austin, Texas.

Key Points:

CIM Group and its partner announced today the acquisition of Onyx183, a 390-unit apartment community located at 6800 McNeil Dr. in Austin, Texas.
Onyx183 comprises 390 residences, configured as one-, two- and three-bedroom floorplans, spanning over 21 acres in the highly desirable Parmer Corridor of Northwest Austin.
In addition, the community is located within a 10-minute drive of the Domain, and 20-minute drive of Downtown Austin.
CIM Group was a co-developer of the Seaholm Power Plant mixed-use redevelopment as well as The Independent luxury condominium tower.

CMCT Highlights Focus on Creative Office and Premier Multifamily Properties with Name Change to Creative Media & Community Trust Corporation

Retrieved on:

木曜日, 3月 10, 2022

"CMCT will be investing in and developing the next generation of creative offices and residential, executing on a significant opportunity presented by a transition in the office and multifamily market as businesses have accelerated the adoption of a hybrid workplace," said David Thompson, Chief Executive Officer of CMCT. "Creative Media & Community Trust reflects the Company's movement to build on demand for highly amenitized multifamily properties and creative and inspiring office in vibrant markets where tenants are seeking a modern design aesthetic that emphasizes comfort, collaboration and flexibility--the type of environment that supports the recruitment and retention of talented professionals."

Key Points:

Creative Media & Community Trust Corporation ("CMCT') (NASDAQ : CMCT and TASE: CMCT-L), formerly known as CIM Commercial Trust Corporation, announced today the Company's new name.
In addition, creative office assets command an approximately 43 percent rent premium over traditional office space.
"Echo Park is a largely untapped office market that is ideal for a CMCT creative office," Mr. Thompson noted.
CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment.

CMCT Announces Penn Field, a 228,000-Square-Foot Creative Office Campus in Austin, Expected to Reach 99 Percent Leased

Retrieved on:

月曜日, 1月 24, 2022

In the fourth quarter 2021, three leases were executed at Penn Field including a 10-year, 20,532-square-foot lease with a premier technology company.

Key Points:

In the fourth quarter 2021, three leases were executed at Penn Field including a 10-year, 20,532-square-foot lease with a premier technology company.
Subsequent to signing this lease, this technology company exercised its right to take additional space that would increase the property to 99% leased.
CMCT acquired the creative office campus in 2007 and during its ownership, in-place rents have increased more than threefold.
In 2020, CMCT completed a new $15 million, 44,000-square-foot, two-story office building at the Penn Field office campus and leased the entire building to F45 Training for its new corporate headquarters.

Living Security Adds Vice President of Finance and Moves to New Corporate Headquarters Ahead of Revolutionary Platform Launch

Retrieved on:

火曜日, 11月 9, 2021

Chris has a proven track record of delivering organizational transformations and I know hell do the same here at Living Security.

Key Points:

Chris has a proven track record of delivering organizational transformations and I know hell do the same here at Living Security.
The Living Security team has also moved into their new Austin headquarters.
More than 160 enterprises are relying on the Living Security platform to reduce human risk.
Living Security is trusted by security-minded organizations like CVS Health, MasterCard, Verizon, MassMutual,Biogen, AmerisourceBergen, Hewlett Packard, JP Morgan and Target.