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CIM Group Puts Downtown LA Office Space up for Sale

CIM Group Is Marketing 215,000 Square Feet
Los Angeles-based investor and developer CIM Group is marketing the office portion of 801 S. Grand Ave. in downtown L.A. for sale. (CoStar)
Los Angeles-based investor and developer CIM Group is marketing the office portion of 801 S. Grand Ave. in downtown L.A. for sale. (CoStar)
CoStar News
August 19, 2022 | 11:40 P.M.

A high-profile Los Angeles real estate investment firm thinks now's the time to sell office space in downtown L.A. despite the market softening due to rising interest rates and weakened demand amid ongoing work-from-home trends.

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