CIM Group Divests Greenwich Village Boutique Offices for $46M

Newmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village. A joint venture between newly formed Bulldog Real Estate Partners and Acram Group acquired the asset from CIM Group for $46 million. The acquisition marks Bulldog’s first since its founding in 2025 by partners...