Newmark Arranges Sale Of 1.1-Mln Sq. Ft. 62-story Aon Center In Downtown Los Angeles For $153.5 Mln

RTTNews | Pred 586 dňami
Stocktwits
Newmark Arranges Sale Of 1.1-Mln Sq. Ft. 62-story Aon Center In Downtown Los Angeles For $153.5 Mln

(RTTNews) - Newmark Group, Inc. (NMRK), a commercial real estate adviser and service provider, announced Friday 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 largest fourth-quarter 2023 office sale in Western U.S.

Located at 707 Wilshire Boulevard, Aon Center is comprised of over 1.1 million square feet, offering sprawling views of the Los Angeles basin. Extensively renovated in 2020, the 62-story Aon Center is the third tallest building in Los Angeles and the fourth tallest in California.

Aon Center was 64% leased at the time of sale to a diverse roster of tenants with strong national and regional credit profiles, including Aon and Morrison & Foerster. No single tenant occupies more than 7% of the building (net rentable area), providing an investor diversity of income.

Značky: NMRK
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Hong Kong Shares Tipped To Open To The Upside

Hong Kong Shares Tipped To Open To The Upside

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RTTNews | Pred 6 minútami
Australian Market Slightly Lower

Australian Market Slightly Lower

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RTTNews | Pred 7 minútami
China Stock Market Has Solid Lead For Thursday's Trade

China Stock Market Has Solid Lead For Thursday's Trade

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RTTNews | Pred 21 minútami
Rebound Anticipated For Taiwan Stock Market

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RTTNews | Pred 51 minútami
Higher Open Called For Singapore Stock Market

Higher Open Called For Singapore Stock Market

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RTTNews | Pred 1 h 21 min
Malaysia Shares Tipped To Open To The Upside

Malaysia Shares Tipped To Open To The Upside

The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's got another green light for Thursday's trade.
RTTNews | Pred 1 h 51 min
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Japan Stock Market May Crack Resistance At 41,000 Points

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RTTNews | Pred 2 h 6 min
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