In a blockbuster deal, Maguire Properties Inc. will pay about $3 billion to acquire 23 office buildings in Los Angeles and Orange counties from New York investment firm Blackstone Group — including the 52-story Two California Plaza in downtown L.A., according to people familiar with the purchase. The deal would be the second-largest office transaction in Southern California history, after the $3.2-billion acquisition of Arden Realty last year by General Electric Co.A little bit of everything and a lot of nothing: images and stories to take us on an eclectic journey. . . . . . CLICK ON THE HEADING FOR THE "SOURCE" OF THE ARTICLE AND CLICK ON THE LINK BELOW FOR PHOTOGRAPHER. CLICK ON IMAGES FOR A LARGER VERSION.
Monday, February 19, 2007
Los Angeles Skyscraper Included in $3 Billion Deal
In a blockbuster deal, Maguire Properties Inc. will pay about $3 billion to acquire 23 office buildings in Los Angeles and Orange counties from New York investment firm Blackstone Group — including the 52-story Two California Plaza in downtown L.A., according to people familiar with the purchase. The deal would be the second-largest office transaction in Southern California history, after the $3.2-billion acquisition of Arden Realty last year by General Electric Co.
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