Seaholm Power Plant

CIM Group and Partner Acquire Onyx183 Apartment Community in Austin

Retrieved on: 
Tuesday, October 10, 2023
Technology, Residential Building & Real Estate, Software, Construction & Property, Building Systems, REIT, Penn Field (Airfield), HP, FAB-500, Acquisition, Apple, Calles, CIM Group, GM, PayPal, McNeil, Seaholm Power Plant, Whirlpool, CIM, Amazon, Domain, Oracle

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.

CIM Group Sells Fifth + Tillery, Creative Office Building in East Austin

Retrieved on: 
Friday, August 18, 2023
Commercial Building & Real Estate, Construction & Property, Soco, CIM Group, CIM, Seaholm Power Plant, Calles, Chase Building

CIM Group announced today that it has sold Fifth + Tillery, a three-story, approximately 182,700-square-foot creative office building located at 618 Tillery Street in East Austin.

Key Points: 
  • CIM Group announced today that it has sold Fifth + Tillery, a three-story, approximately 182,700-square-foot creative office building located at 618 Tillery Street in East Austin.
  • Fifth + Tillery’s features, including solar power, outdoor walk-up access, open-air walkways, outdoor gathering spaces, private balconies and distinctive modern style, are attributes that have redefined the contemporary creative office building.
  • CIM Group is an active owner, operator, and developer in Austin, bringing quality real estate uses to enhance the area as it does in other communities across North America.
  • CIM Group’s Austin office portfolio includes Eastside Village, Chase Tower, 507 Calles, 1300 E. 5th Street, and 1021 E. 7th Street.

CIM Group Sells Hartland Plaza, 184,128-Square-Foot Creative Office Building in Austin, Texas

Retrieved on: 
Wednesday, February 22, 2023
Other Retail, Other Construction & Property, Retail, Commercial Building & Real Estate, Construction & Property, CIM Group, Soco, Seaholm Power Plant, HVAC, Texas State Highway Loop 1, Entrepreneurship, Restaurant, Calles, Walking, Chase Building, Tourism

CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that it has sold Hartland Plaza, a 184,128-square-foot Class A office building in Austin, Texas which it acquired in 2015.

Key Points: 
  • CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that it has sold Hartland Plaza, a 184,128-square-foot Class A office building in Austin, Texas which it acquired in 2015.
  • Located at 1717 W. 6th St. in Downtown Austin, Hartland Plaza is a four-story creative office building with a subterranean parking garage and an adjacent four-story parking structure on 3.4 acres of land.
  • CIM Group also integrated Bipolar Ionization technology into the building’s HVAC system to maintain healthy air quality.
  • We believe there is demand for quality properties such as well-located creative offices, modern apartment communities and mixed-use environments,” said Shaul Kuba, Co-Founder and Principal, CIM Group.