Market Overview

CIM Commercial Trust Declares Common and Preferred Stock Dividends

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CIM Commercial Trust Corporation (NASDAQ & TASE: CMCT), a real estate
investment trust (REIT) that primarily acquires, owns, and operates
Class A and creative office assets in vibrant and improving urban
communities throughout the United States, announced today that its Board
of Directors has declared a quarterly cash dividend of $0.125 per common
share. The dividend will be paid on September 25, 2018 to shareholders
of record at the close of business on September 5, 2018.

In addition, the Board of Directors has declared a quarterly cash
dividend of $0.34375 per share of CMCT's Series A Preferred Stock. For
shares issued during the third quarter of 2018, the dividend will be
prorated from the time of issuance. The dividend will be payable on
October 15, 2018 to holders of record at the close of business on
October 5, 2018.

ABOUT CIM COMMERCIAL TRUST CORPORATION

CIM Commercial Trust is a real estate investment trust that primarily
acquires, owns, and operates Class A and creative office assets in
vibrant and improving urban communities throughout the United States.
Its properties are primarily located in Los Angeles, the San Francisco
Bay Area and Washington, D.C. CIM Commercial Trust is operated by
affiliates of CIM Group, L.P., a vertically-integrated owner and
operator of real assets with multi-disciplinary expertise and in-house
research, acquisition, credit analysis, development, finance, leasing,
and asset management capabilities (www.cimcommercial.com).

FORWARD-LOOKING STATEMENTS

The information set forth herein contains "forward-looking statements."
You can identify these statements by the fact that they do not relate
strictly to historical or current facts or discuss the business and
affairs of CIM Commercial Trust Corporation on a prospective basis.
Further, statements that include words such as "may," "will," "project,"
"might," "expect," "believe," "anticipate," "intend," "could," "would,"
"estimate," "continue" "pursue," or "should" or the negative or other
words or expressions of similar meaning, may identify forward-looking
statements.

CIM Commercial Trust bases these forward-looking statements on
particular assumptions that it has made in light of its experience, as
well as its perception of expected future developments and other factors
that it believes are appropriate under the circumstances. The
forward-looking statements are necessarily estimates reflecting the
judgment of CIM Commercial Trust and involve a number of risks and
uncertainties that could cause actual results to differ materially from
those suggested by the forward-looking statements. These forward-looking
statements are subject to risks, uncertainties and other factors,
including those set forth in CIM Commercial Trust's Annual Report on
Form 10-K for the fiscal year ended December 31, 2017 and the
Registration Statement on Form S-11 (Reg. No. 333-210880) relating to
the Series A Preferred Stock.

As you read and consider the information herein, you are cautioned to
not place undue reliance on these forward-looking statements. These
statements are not guarantees of performance or results and speak only
as of the date hereof. These forward-looking statements involve risks,
uncertainties and assumptions. In light of these risks and
uncertainties, there can be no assurance that the results and events
contemplated by the forward-looking statements contained herein will in
fact transpire. New factors emerge from time to time, and it is not
possible for CIM Commercial Trust to predict all of them. Nor can CIM
Commercial Trust assess the impact of each such factor or the extent to
which any factor, or combination of factors may cause results to differ
materially from those contained in any forward-looking statement. CIM
Commercial Trust undertakes no obligation to publicly update or release
any revisions to these forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events, except as required by law.

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