The latest Brookfield-tied property to hit the market in the Financial District of downtown Los Angeles is not a distressed office tower, but still looks to be a bargain compared to some recent deals. JLL is shopping FIGat7th, according to an offering memorandum viewed by The Real Deal. The property, at 735 South Figueroa Street, includes 330,000 square feet of gross leasable area anchored by tenants such as Target, Sephora and Zara. The center is 85.8 percent occupied, per the broker. The mall “could fetch $70 million,” according to Green Street. That would put the price around $210 per square […]
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