Deal Snapshot
CIM GROUP ACQUIRES 36-STORY BROOKLYN HEIGHTS OFFICE BUILDING
Thursday 12 October 2017

California, US-based institutional investor CIM Group has acquired 36-story Brooklyn Heights, New York-based office building 16 Court Street to build assets in the Brooklyn area of New York, the company said.

CIM said it identified downtown Brooklyn more than a decade ago as a community that possesses the attributes that fit its investment strategy, which focusses on established and emerging urban areas with solid infrastructure and transportation networks.


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Details
Date Published: 12/10/2017
Target: 16 Court Street, Brooklyn
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: CIM Group
Comment:
Terms of the deal were not disclosed

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