CIM, Kushner Take On SoHo Office, Retail Building

Law360, New York (February 3, 2012, 9:19 PM ET) -- Real estate investor CIM Group and developer Kushner Cos. have bought a seven-story office and retail property in Manhattan's SoHo neighborhood, the companies announced Friday.

CIM and Kushner plan to renovate the building at 200 Lafayette Street into a Class-A Leadership in Energy and Environmental Design (LEED)-certified office and retail property. Renovations are scheduled to begin later this year.

Details of the transaction were not disclosed.

The building is currently home to a Capital One Financial Corp. bank branch, which occupies 4,500 square feet of ground...
To view the full article, register now.

Dewey Verdict Watch

Follow our exclusive coverage of the trial of the year:

Click here for the latest