#office-build

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therealdeal.com
8 months ago
LA real estate

FanDuel Bets on Beverly Hills With $71M Office Buy

FanDuel purchases a 50,200-square-foot office building in Beverly Hills for $71 million.
The purchase price of $1,410 per square foot is more than four times the average office sale price in Southern California. [ more ]
www.mercurynews.com
8 months ago
East Bay (California)

Empty and neglected San Jose office building faces foreclosure as property woes widen

An empty office building in San Jose is facing receivership and loan foreclosure due to default on its loan.
The building's financial woes are indicative of the ongoing struggles in the Bay Area office market following the COVID-19 pandemic. [ more ]
therealdeal.com
8 months ago
LA real estate

With Their Choice of L.A. Offices, Here's What Investors Buy

Institutional lenders and investors are avoiding office buildings, even those with strong potential.
Only a handful of investors and lenders are willing to invest in office buildings, making them extremely selective and cautious. [ more ]
therealdeal.com
8 months ago
LA real estate

Herbalife Lists Torrance Office For Sale

Herbalife has listed its nine-acre Herbalife Plaza compound for sale in Torrance.
Investors are increasingly buying older office buildings to convert them into industrial properties. [ more ]
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