CIM Group quietly compiles an L.A. retail empire.(real estate firm)

Los Angeles Business Journal | January 18, 1999| | Copyright

Santa Monica's Third Street Promenade, San Diego's Gaslamp Quarter, Old Pasadena, downtown Brea and Hollywood Boulevard.

What these seemingly disparate shopping districts have in common is a Westwood real estate firm that over the past four years has quietly built a small retail empire.

Since CIM Group LLC started collecting buildings in rundown but reviving areas, it has amassed a portfolio of more than $200 million worth of property encompassing over a million square feet. The firm is the largest landlord on the Third Street Promenade, with 13 buildings ...

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