Home Commercial CIM Group’s 108,000 SQFT 330 & 340 Townsend Portfolio Goes Pending in San Francisco’s SoMa
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CIM Group’s 108,000 SQFT 330 & 340 Townsend Portfolio Goes Pending in San Francisco’s SoMa

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view of San Francisco from air with Bay Bridge
Photo by Mazin Omron on Unsplash
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Six months after CIM Group hired CBRE to sell its two-building creative office holding across from the Caltrain station, Newmark's October 2026 tracking lists both 330 Townsend St. and 340 Townsend St. as pending, giving the Los Angeles investor a potential clean exit in SoMa even as two of its downtown San Francisco towers have slid into receivership.

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