CIM Group picks up 270K-sf portfolio

​​​​AUSTIN – Los Angeles-based CIM Group has acquired a three-property, 270,000-sf portfolio from 3423 Holdings LLC.

The portfolio consists of:

• the Rail Spur Building, a Class A, 75,000-sf creative office building at 618 Tillery St.;

• a creative office building at 507 Calles St.; and

• a warehouse at 1300 E. 5th St. ​​​