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Washington DC & Mid-Atlantic  + Office  |  February 13, 2020
David Cohen
By: David Cohen

CIM Group Acquires Baltimore Office Building for $40M

CCIT II, a publicly-registered non-listed real estate investment trust sponsored by affiliates of CIM Group, has acquired a 132,207-square-foot office building in metro Baltimore for $39.1 million. Cris Abramson, Nicholas Signor and Ben McCarty of NKF represented CIM Group in the transaction. The seller was undisclosed.

Located at 40 Wight Ave. in Cockeysville, MD., the property is 18 miles north of downtown Baltimore. The building was constructed in 2017 and is LEED Gold certified. The office building is currently occupied by engineering firm JMT.

CCIT II focuses on office and industrial properties that are essential to the daily operations of businesses, including corporate or regional headquarters, regional distribution centers, and warehouses situated near major shipping and freight transport facilities.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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