CIM Group Adds Boutique, Creative Office Building in Central Los Angeles Location at 3000 Crenshaw Blvd.

10/10/2024

LOS ANGELES - October 10, 2024 - CIM Group announced today that it has completed construction of a 55,673-square-foot, three-story creative office building with two levels of below grade parking at 3000 Crenshaw Blvd. in Los Angeles.

3000 Crenshaw offers open flexible design options with 12'6" ceiling heights and large operable windows in a contemporary, architecturally distinctive design featuring glass and steel elements. The property embraces indoor/outdoor working with a variety of outdoor spaces including private balconies on all floors, glass garage doors opening to a private outdoor patio on the third floor, and a communal landscaped rooftop deck.

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3000 Crenshaw provides a highly desirable location with easy access to public transit including the Metro E line and upcoming Crenshaw/LAX rail line and is also at the epicenter of a vibrant neighborhood with a host of businesses along Crenshaw as well as the nearby West Adams district with its eclectic dining, retail and housing options.

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The 3000 Crenshaw office building is one of several developments CIM Group has brought to the area on land acquired from the West Angeles Church, part of CIM Group's long-standing partnership with the church designed to create jobs and attract businesses to South Los Angeles. At 3045 Crenshaw Blvd., on another former West Angeles Church property, CIM Group is under construction on a six-story, 168-unit apartment building with 40,000 square feet of community-serving ground floor retail.

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Additional information is available at www.3000crenshaw.com.

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For 30 years, CIM Group has applied its community-focused investing approach by utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM's diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.