The broker on the bankrupt, half-built Oceanwide Plaza in the middle of Downtown Los Angeles says the property has drawn two viable bidders in coming months, The Real Deal has learned. That’s down from a list of 17 interested parties last year, when a managed bid process commenced to sell Oceanwide Holdings’ 1101 South Flower Street project, according to Colliers’ Mark Tarczynski, whose team is marketing the property along with Hilco Real Estate. The list narrowed as most of the would-be buyers “at the end of the day they couldn’t scare up the money,” Tarczynski said. “So now we’re like, […]
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