Eastdil Secured has zeroed in on 601W as a buyer for a distressed, Brookfield-owned office tower on Bunker Hill in downtown Los Angeles. The New York City-based investment company is in talks to purchase the mortgage loan on 333 South Grand Avenue, which encompasses Wells Fargo Center — North Tower and the retail spot connected to it, for $180 million, knowledgeable sources in the downtown Los Angeles office sector said. The deal has not closed, according to an informed source. A $180 million deal for the 54-story, 1.4-million-square-foot office tower at the northern part of L.A.’s Financial District, comes out […]
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