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L.A. office building sells for $153.5 million - Vimarsana News

L.A. office building sells for $153.5 million

Newmark Group Inc. said Friday it arranged the sale of the 62-story Aon Center in downtown Los Angeles for $153.5 million in what the real-estate-development…

Source: biztoc.com
Commercial real estate defaults could spark second round of US banking crisis in 2024 - Vimarsana News

Commercial real estate defaults could spark second round of US banking crisis in 2024

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Newmark Arranges Sale of 1.1-Million-Square-Foot Office Building in Downtown Los Angeles for $153.5 Million - Vimarsana News

Newmark Arranges Sale of 1.1-Million-Square-Foot Office Building in Downtown Los Angeles for $153.5 Million

Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"1 or "the Company"), a leading commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged the sale of Aon Center, a 62-story trophy Class A office tower located in the heart of the Financial District in Downtown Los Angeles. The asset sold to Carolwood Equities for $153.5 million, marketing the largest2 Q4 2023 office sale in Western U.S.3.

Source: yahoo.com
L.A. office building sells for $153.5 million - Vimarsana News

L.A. office building sells for $153.5 million

Newmark Group Inc. said Friday it arranged the sale of the 62-story Aon Center in downtown Los Angeles for $153.5 million in what the real-estate-development…

Source: biztoc.com
L.A. office building sells for $153.5 million — $115 million less than a decade ago - Vimarsana News

L.A. office building sells for $153.5 million — $115 million less than a decade ago

Private-equity firm Carolwood LP buys Aon Center in what's described as the largest fourth-quarter office deal in the Western U.S.