CIM Group Refinances Office Property In Woodlands, TX For $127M

Located in Woodlands, TX, the property at 1725 & 1735 Hughes Landing has recently undergone a significant transaction. The asset is an office building spanning approximately 649,406 square feet, situated on a sprawling 79-acre plot of land. The property is owned by The Howard Hughes Corp. and was involved in a refinancing loan deal.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $127,000,000
• Loan Type: Refinancing Loan

During the deal, the lender for this transaction was CIM Group, represented by Shaul Kuba. The loan amount of $127,000,000 was provided for the refinancing of the property located at 1725 & 1735 Hughes Landing. The involvement of CIM Group as the lender highlights their role in supporting this real estate transaction.