New residences feature ground floor retail space leased to Target
LOS ANGELES, October 04, 2022--(BUSINESS WIRE)--CIM Group announced today that it has completed construction of The Dillon Silver Lake II, a 53-unit, three-story apartment building with subterranean parking and 18,495 square feet of ground floor retail space leased to anchor tenant Target. Located at 609 N. Dillon, the new building sits opposite CIM Group’s The Dillon Silver Lake, a 49-unit apartment building which opened in 2019.
The Dillon Silver Lake II offers 46 studio and seven one-bedroom units designed in a contemporary style with modern finishes and fixtures such as stainless steel appliances, quartz countertops, and in-unit washer and dryer. Residents have access to a mix of outdoor gathering spaces and conveniences including a pool and sundeck, a third floor terrace and lounge, electric vehicle charging stations, and package lockers. Target is anticipated to open later this year.
"The Dillon Silver Lake II provides modern residences in a neighborhood that is in high demand for its central location and eclectic shopping streets lined with a mix of boutiques, galleries, and restaurants in an engaging walkable environment," said Shaul Kuba, Co-Founder and Principal, CIM Group.
For more than 25 years, CIM Group has applied its community-focused approach utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.
Leasing is underway. For more information regarding The Dillon Silver Lake II, please visit: https://www.dillonsilverlake2.com/ or call (213) 267-8588.
About CIM Group
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.
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