Kam Sang Affiliate Buys $290MM Loan on 1,159,000 SQFT Wells Fargo Center South in Downtown LA for About $115MM

An affiliate of Arcadia-based developer Kam Sang Company has taken over the $290 million mortgage on Wells Fargo Center South, the 45-story Bunker Hill office tower that sat 42 percent leased, at a reported price that values the 1.16 million-square-foot landmark at roughly $100 per square foot.