CIM Group has expanded its Austin holdings with the acquisition of a 270,000-square-foot portfolio consisting of two creative office buildings located at 618 Tillery Street and 507 Calles Street and a warehouse building located at 1300 E. 5th Street in the growing Eastside submarket. Austin’s Eastside is in close proximity to major economic, entertainment and cultural hubs as well as numerous residential options.
618 Tillery Street, a class A creative office building currently under construction, will feature large floor plates, allowing for flexible space design, floor-to-ceiling glass walls for ample natural light and tall ceilings. The building is designed with an expansive atrium and landscaped courtyard, dedicated tenant lobbies, and abundant parking. Located just off East 7th Street, a main thoroughfare, the property is within a short drive to both Austin’s central business district and South Congress submarkets and offers convenient access to mass transit and bikin