The Real Deal wrote about two deals this week that tell different but somewhat similar stories about Los Angeles’ office world: one downtown and another in Silicon Beach. The latter, a creative office building in Venice, occupied by technology giant Google and designed by the late Frank Gehry, traded for $39.6 million, or about $500 per square foot. The other, an office tower on Bunker Hill, owned by Brookfield, which has defaulted on more than $500 million of debt tied to the property, could trade for $180 million, or about $130 a square foot, if and when a deal that’s […]
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