19
Dec
CIM Group buys Uber's Uptown Station in Oakland for $180 million
CIM Group bought Uber Technologies Inc.’s Uptown Station in Oakland in one of the city’s biggest real estate deals of 2017.
CIM paid $180 million for the 356,000-square-foot building, according to property records. The building’s renovation is expected to be completed in late 2018. It’s unclear how much additional money is required to complete the renovation.
“With immediate access to a BART station at 19th Street, the building’s historic character, exceptional 78,000-square-foot floorplates…
Source: Arizona Business Journal
