February 11, 2008

A Unique Experience 
Situated in one of the country?s most densely populated markets, Hollywood & Highland Center attracts over 15 million visitors per year. At this one-of-a-kind, high profile destination the best in retail, fine dining and unique entertainment venues come together with the vibrant world of today?s Hollywood. 

With the historic Grauman?s Chinese Theatre and the world renowned Kodak Theatre, the center is a hot spot for locals as well as a ?must see? destination for international visitors. 

The center features over 60 top retailers, nine of L.A.?s finest restaurants, two popular nightclubs and Lucky Strike Lanes, a high tech and trendy bowling alley/nightclub. 

The center?s renowned Kodak Theatre is the venue for the world-wide live broadcast of THE ACADEMY AWARDS? CEREMONIES as well as other notable awards shows. Throughout the year, live performances at the theatre include musicals, ballets, concerts, plays and original programming. 

The center?s award-winning, Renaissance Hollywood Hotel features 640 sumptuously appointed rooms, including 33 luxury suites and an elegant, Mid-Century Modern d?cor. The Grand Ballroom located on the fifth level of the center is operated by famous chef and restaurateur, Wolfgang Puck. The popular venue draws A-list events, parties and conventions. Most notably, it is the site of the exclusive Governor?s Ball, following the Academy Awards? ceremonies each year. 

Exciting Changes 
With many exciting changes in the center?s ambience as well as its assortment of stores and restaurants, Hollywood & Highland Center has become an even more popular spot for shopping, dining and nightlife. 

New physical enhancements include: an interactive water feature in the central courtyard; sleek new escalators to transport guests from Hollywood Boulevard to upper levels; new lighting and new color enhancements. 

Virgin Megastore?s west coast flagship is just one of many exciting stores at the center. Unique in the chain, Virgin Megastore Hollywood features apparel, electronics, books and accessories in addition to a full selection of music and DVDs. The store?s one-of-a-kind design includes a staging area where new, cutting edge musical talent is frequently showcased. 

New retailers recently added to the center include: XXI Forever, Vino100, GUESS, ISSI, Giordano, and the newly expanded Louis Vuitton. 

More To Come 
Spring 2008 welcomes Spa Luce, an upscale, full service spa. Across the street, the center?s owners, CIM Group, will introduce H&M, the fashion-forward Swedish apparel retailer and Zara an innovative fashion retailer from Spain. 

CIM Group is playing a vital role in the exciting revitalization of Hollywood. In line with its long-term view of a flourishing Hollywood community, the company has built a portfolio that includes a variety of properties. They include housing, office, entertainment and a diverse mix of restaurants and retailers to support the evolution of the area into a vibrant urban center. 

CIM Group At A Glance 
Founded in 1994, CIM Group is a full-service private equity real estate investor. The company applies its multidisciplinary expertise in the areas of investment and development, mezzanine financing, fund management, commercial leasing and property management. CIM has successfully identified and invested in some of the most vibrant transitional urban districts in North America based on its integrated approach to investing that utilizes its broad based in-house capabilities and deep market knowledge. 

CIM specializes in high-density urban communities, bringing its extensive real estate experience to a diverse array of asset categories including mixed-use, office, retail, hotel, entertainment and multifamily. Headquartered in Los Angeles, CIM maintains regional offices in San Francisco and Bethesda, Maryland. CIM Group acquired the Hollywood & Highland Center in February 2004. For more information visit: http://www.cimgroup.com/