CIM Group Completes Renovation of Amenities at Mason at Van Dorn Apartment Community in Alexandria

All apartments being updated at property formerly known as EOS
Twenty-One

ALEXANDRIA, Va.–(BUSINESS WIRE)–CIM Group announced today that it has completed renovations on the
amenity spaces at Mason at Van Dorn, the 1,180-unit apartment community
formerly known as EOS Twenty-One. Mason at Van Dorn consists of 14 four-
and five-story buildings situated on an approximately 30-acre site at
140 South Van Dorn Street in Alexandria, Virginia, which provides
residents with abundant open space on manicured grounds.

The community features multiple common and recreation areas, which have
been upgraded with new finishes, furniture, and equipment. The large
club house features a variety of congregation areas including lounges,
bar area, kids’ room, business center, game room, fitness center, and
theatre room. Mason at Van Dorn also offers an on-site convenience store
and deli.

CIM’s renovation program also included converting multiple areas into
modern amenities to better serve Mason at Van Dorn’s residents such as
creating an Amazon Hub package area and Tide Dry Cleaning locker area
from the tennis shop; transforming a playground near one of the two
pools to a grill area; adding a fully-equipped kids’ playground at the
former site of a volleyball court; and upgrading the large dog park,
Wiggly Field, with artificial turf, installing new equipment, and a pet
wash station. CIM also resurfaced the four tennis courts.

In addition to the renovation program of the amenities, CIM is
continuing its work to upgrade each of the 1,180 apartments with new
wood flooring, cabinetry, appliances including full-size washers and
dryers, fixtures and lighting, and closets. Approximately 250 apartments
have been completed to date.

Located in the Van Dorn Corridor, Mason at Van Dorn is proximate to an
array of dining, entertainment, and other attractions and is
conveniently situated just off I-395 inside the Capital Beltway (I-495),
and is four miles from Old Town Alexandria. A shuttle service provided
by the property transports residents the short one-mile drive to the Van
Dorn Metro Station, connecting to the region’s thriving employment
centers, such as Washington, D.C., Pentagon City, Crystal City, and the
Rosslyn-Ballston Corridor.

CIM brings its broad real estate expertise and experience in renovating
and operating properties to Mason at Van Dorn since acquiring the
property at the end of 2017. Since 1994, CIM has made a commitment to
enhance its properties by increasing sustainability, efficiency, and
quality for tenants, residents, and visitors as well as enhancing the
character and value of the communities. CIM’s investments in the greater
Washington, D.C. area has included the Park Place at Van Dorn
apartments, Rockville Town Center, Waterview Rosslyn, City Vista, 370
L’Enfant, and 800 N. Capitol.

For more information about Mason at Van Dorn please visit: www.masonatvandorn.com

ABOUT CIM GROUP

CIM is a community-focused real estate and infrastructure owner,
operator and lender. Since 1994, CIM has led more than $60 billion of
projects in communities across the Americas on behalf of its own account
and for its partners and co-investors. CIM’s broad in-house expertise
includes decades of research, acquisition, credit analysis, development,
finance, leasing and property management experience in real assets
located in and serving densely-populated communities, net-lease assets
and other associated credit strategies. Using its disciplined approach
and extensive in-house expertise, CIM seeks to create value in projects,
which ultimately enhances communities. For more information, visit www.cimgroup.com.

Contacts

For CIM Group:
Karen Diehl
Diehl Communications
(310)
741-9097
karen@diehlcommunications.com

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