Home Commercial Jamison Properties Buys 160,000 SQFT LA World Trade Center Site for $53.2MM, Locking In Basis for 512-Unit Downtown Conversion
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Jamison Properties Buys 160,000 SQFT LA World Trade Center Site for $53.2MM, Locking In Basis for 512-Unit Downtown Conversion

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Jamison Properties paid $53.2 million for the 3.68-acre LA World Trade Center property at 350 S. Figueroa St., a deal Kidder Mathews classified as a land-value sale, locking in the basis for a planned 512-unit affordable conversion as Downtown Los Angeles office vacancy holds above 23 percent.

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