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CIM Group bought a 95k SF, four-story Class-A building at 1645 East 6th St in Austin. The building is part of the Eastside Village mixed-use development that includes retail, residential and office space.
The area around Eastside Village is quickly becoming a hotspot for retailers, restaurants and new commercial developments. It has the benefit of being steps away from the Plaza Saltillo MetroRail station, which provides zippy access to Downtown.
CIM has been an investor in Austin since 2007 and holds interests in the Seaholm Power Plant mixed-use redevelopment, the Penn Field office campus, the District at SoCo apartment community, the Hartland Plaza office complex and The Independent condo tower.
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