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LA’s U.S. Bank Tower Sold to Manhattan Developer Silverstein Properties

Downtown Los Angeles’ iconic U.S. Bank Tower has been sold to Manhattan real estate developer Silverstein Properties, the company announced Wednesday. The purchase of the 1.4 million-square-feet office building from Singapore real estate company OUE Ltd. was worth $430 million. “I am thrilled to add this outstanding property to our portfolio,” chairman Larry Silverstein said. […]

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