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CIM Group Acquires Seattle's Dexter Horton Building.

MANews-(C)2009-2019

15 January 2019 - Seattle, US-based CIM Group has acquired the 15-story, 335,000-square-foot Dexter Horton Building, located in the central business district of Seattle, US, the company said.

Terms of the transaction were not disclosed.

The property spans a full city block near Seattle's major waterfront redevelopment project.

CIM said the acquisition of the Dexter Horton Building adds to CIM's portfolio that currently includes One Convention Place, a 17-story, approximately 312,000-square-foot class A office building and the Pine Street Garage.

CIM Group is a community focussed real estate and infrastructure owner, operator and lender. Since 1994, CIM has led more than USD 60bn of projects in communities across the Americas on behalf of its own account and for its partners and co-investors.

Country: USA

Sector: Construction/Real Estate

Target: Dexter Horton Building

Buyer: CIM Group

Vendor:

Deal size in USD:

Type: LBO

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Jan 15, 2019
Words:159
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