Announcements

June 6, 2013 - 680 Brea Canyon Business Center Update:

As of today, 680 Brea Canyon Business Center is 45% pre-sold. The market shows strong demand for office condos in the San Gabriel Valley and its vicinity.

June 1, 2013 - New Project:

CGM Development is proud to announce our newest office condo project located at 660 North Diamond Bar boulevard, Diamond Bar, CA 91765. The existing office building will underwent a total renovation for both the exterior and interior. The building will feature a Brand New lobby with Elevator, new staircase, lobby and restrooms. Expected completion is January 2014.

New Project: Brea Canyon Business Center

Following the success of our Nogales Plaza in West Covina and the increasing demand for office condominiums, CGM plans to develop Brea Canyon Business Center, a bontique 11-unit, 22,000 square foot professional office Codominium in the City of Diamond Bar. Ground breaking is expected to be in July 2013 with an anticipated completion date in April 2014.

Nogales Medical Plaza Complete

CGM broke ground on another new development of a state-of-the-art medical / professional office building in West Covina in May 2007. After just one year later, we are proud to announce that our project has been completed. With the ever-increasing demand to own their own medical office, Doctors will be delighted to know that they will once again have an opportunity to purchase these brand new units.

Ivy Garden Phase 3 Complete

We are pleased to announce that the residents in City of Chino have shown their support for Ivy Garden, a 107-unit senior condominium complex, which is part of our CGM The Golden Palms mixed-use project, with wide-margin votes in favor of this development. The strong support for the senior condominium project confirmed our market study that this type of high quality, but reasonably priced, for-sale senior housing is in demand in the area. This Phase 3 development was successfully completed in December 2008, with units starting at a price of $248,000.