We strive to increase the value of individual assets and improve the overall ambiance of the community as a whole.

Our Stabilized Strategy focuses on acquiring and managing well-positioned and operating properties for long-term ownership. We pre-qualify thriving and transitional communities for investment, then seek out properties for our Stabilized Strategy within those communities. Our Stabilized Strategy includes both private and public vehicles. 

Creating Value

Depending on the individual asset, we may create value in stabilized properties through any of the following methods:

  • Active management
  • Leasing
  • Upgrades and improvements
Potential - Office Property - Stabilized

Potential Stabilized Property Types

  • Apartment buildings
  • Condominium rental properties
  • Office
  • Retail
  • Mixed-use

CIM Commercial Trust (NASDAQ: CMCT)

Within our Stabilized Strategy, CIM operates CIM Commercial Trust, a publicly-traded real estate investment trust focused on owning and operating stabilized Class A and creative office properties in thriving and improving urban communities.

Learn more about CMCT.

Learn more about CMCT Series A Preferred Stock.

Stabilized Strategy in Action

Lake Merritt & City Center Districts

CIM Makes an Impact in Oakland with 1.7 Million Square Feet

Lake Merritt & City Center Districts | Oakland, CA

CIM acquired an office portfolio in 2008 consisting of five established, institutional-quality Class A office properties totalling 1.7 million square feet in Oakland, California’s Lake Merritt and City Center districts.

Included in this acquisition was 1 Kaiser Plaza, an example of a stabilized office asset. This 530,000-square-foot, 28-story Class A office tower was built in 1970 as part of the Kaiser Industries corporate headquarters complex. Within a year of acquisition, our in-house Leasing team renewed a long-term lease with Kaiser Permanente at the property.

In keeping with our focus on enhancing communities, we participated in the formation of the City Center and Lake Merritt Business Improvement District (BID), which works to improve and promote the area. Our Leasing team has enhanced the district by securing additional office tenants and bringing popular retailers to the Downtown Oakland area. We’ve also acquired and developed other Oakland assets for our opportunistic strategy, further supporting overall neighborhood revitalization.

Oakland has become a highly desirable place to live and work in the Bay Area, with major employers including Southwest Airlines, Sutter Health and the University of California.

 

Lake Merritt Business Improvement District

There can be no assurance that CIM will replicate past results or meet its objectives in the future.

Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC