Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut

Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in a deal that resets pricing for sub-DTLA office. A Thomson Reuters-affiliated ownership group has closed the book on 901 Corporate Center, offloading the 99,831-square-foot Class A office building in Monterey Park for […]