CIM Group Leases 45,000 Square Feet at Panorama Brooklyn to The Beginning Clubhouse, a Family-Focused Membership Club

NEW YORK--(BUSINESS WIRE)--CIM Group announced today that it has signed a long-term lease with Little Big Hospitality for 45,000 square feet at its Panorama office and retail complex in Brooklyn. The 50 Columbia Heights building will house the first location of The Beginning Clubhouse, a new concept offering a family-centric membership club with vibrant spaces, programming, and a wealth of amenities for parents and children.

“Our vision for The Beginning Clubhouse fills the desire for families to enjoy a private club experience. Beautifully designed play areas and enriching programs for children alongside a full floor lounge for work, fitness and wellness facilities, and incredible F&B options—all under one roof,” said Michael Schoen, Founder & CEO of Little Big Hospitality. “We selected Panorama for our first location because of its many appealing attributes, including location in a vibrant residential setting, proximity to the top schools and transportation in Brooklyn and architecturally distinctive design.”

The Beginning Clubhouse will offer curated activities and services for children, including supervised childcare on dedicated floors with play areas, game rooms, and organized classes. Adults will have access to comfortable workspaces including meeting rooms and a quiet library, as well as a fitness center, spa and more.

Members will be able to enjoy a variety of exclusive entertainment options as well as elevated dining at The Beginning Clubhouse. It will feature a full-service fine dining restaurant on the building’s 7^th floor, casual roof top option and an adult only dining experience. They will take advantage of the building’s expansive area views of the Manhattan skyline and Brooklyn Bridge. The Beginning Clubhouse will also offer a café and lounge on the 4^th floor. The Beginning Clubhouse is anticipated to open in summer 2026.

“We believe The Beginning Clubhouse is an ideal addition to this Brooklyn neighborhood that is home to many families who will gravitate to the inviting, members-only environment and combination of adult and children’s spaces and programming,” said Shaul Kuba, Co-Founder and Principal, CIM Group.

50 Columbia Heights provides convenient subway access as well as to major local thoroughfares. The distinctive seven-story brick building was constructed in 1924 and renovated in 2020.

For 30 years, CIM Group has applied its community-focused investing approach by utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.