Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (36794)	7/29/2020 12:50:05 AM
From: John Vosilla	Read Replies (1) \| Respond to of 73788

Downtown Los Angeles skyscraper U.S. Bank Tower will be sold at a discount to the developer of One World Trade Center in New York as the pandemic drives down office leasing across the country and raises questions about the future appeal of high-rise office buildings. Standing 73 stories on Bunker Hill, the cylindrical U.S. Bank Tower is one of the most prominent buildings on the city skyline and one of the tallest structures west of the Mississippi River. It opened in 1989 and has also been known as Library Tower and First Interstate World Center. Singapore real estate company OUE Limited said Friday that it will sell the property for $430 million, a 34% discount from the $650 million valuation OUE declared in its annual report last year but still an increase from the $367.5 million OUE paid for it in 2013. bradenton.com One of first signs of price resets high rise downtown office. You would think Trump should emphasize vacant commercial RE repositioning and redevelopment as a second term agenda. Who better to see the opportunities win/win for society if take the right turn