Silverstein Properties closed on its $430 million deal to buy US Bank Tower, an iconic Downtown Los Angeles property whose purchase price was far below initial expectations. New York-based Silverstein made the announcement on Wednesday. The company was first confirmed to be the buyer of the 73-story trophy office tower in July. In a statement, chairman Larry Silverstein said: “I believe in the future of Downtown Los Angeles.” He added that over the last few
source https://therealdeal.com/2020/09/16/i-believe-in-the-future-of-downtown-los-angeles-silverstein-closes-us-bank-tower-buy/
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