CIM GROUP BUYS LINCOLN PLACE OFFICE BUILDING

SANTA MONICA, CALIF. — CIM Group has purchased Lincoln Place, a Class A office building in Santa Monica. The 37,572-square-foot building was constructed in 1990 at 725 Arizona Ave. The firm has made other investments in the area, including 11600 and 11620 Wilshire Blvd. in Brentwood, and 150 and 151 El Camino Drive in Beverly Hills.