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'A very, very hot market': Downtown L.A. high-rise sells for $50 million as residential building booms

A prominent Bunker Hill high-rise has changed hands for a premium price topping $50 million, signaling that downtown Los Angeles’ residential renaissance is boosting the area’s long-soft commercial office market.  A Los Angeles investment group purchased the 15-story Chase Plaza at 888 W. 6th St. from...
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