CIM, KUSHNER ACQUIRE 121,000-SQUARE-FOOT MIXED-USE BUILDING IN SOHO

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NEW YORK CITY — CIM Group and Kushner Cos. have acquired a 121,000-square-foot office and retail building, located at 200 Lafayette St. in Soho. CIM and Kushner plan to convert the property into Class A retail and office space later this year. Capital One Bank occupies 4,500 square feet of ground-floor retail. About 16,500 square feet of retail and 100,000 square feet of office space are available. The purchase price was undisclosed.

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