Kushner, CIM Acquire Office Building In Lower Manhattan

Law360, New York (June 12, 2013, 5:45 PM EDT) -- CIM Group and The Kushner Cos. have purchased a 26-story office building at 2 Rector St. in Manhattan, CIM announced Wednesday.

The downtown building includes about 466,000 square feet of rentable space and covers a full block on Rector Street, bordering Trinity Place and Greenwich Street. The parties did not disclose financial details of the transaction.

The building is just a few blocks from the World Trade Center, where a multibillion-dollar redevelopment project is underway.

“Lower Manhattan is one of New York city's fastest growing submarkets,...
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