$475 Million
Value:
Silverstein Properties, Marty Burger, CEO
acquisition:
Silverstein Properties, Migdal Insurance, and Menora Mivtachim Insurance
Equity:
JPMorgan Chase and CIM
Debt:
Designed by Pei Cobb Freed, and completed in 1989, this 1.4 million square foot landmark in Downtown Los Angeles is the tallest office tower on the west coast of the US. Its iconic tower stands 73-stories high, and is home to multiple Fortune 500 companies and blue chip law firms to name a few. The building was developed by Maguire Thomas and is also known as Library Tower. Silverstein Properties purchased the building in 2020.
about:
US BANK TOWER
Los Angeles
$475 Million
Value:
Silverstein Properties, Marty Burger, CEO
ACQUISITION:
Silverstein Properties, Migdal Insurance, and Menora Mivtachim Insurance
Equity:
JPMorgan Chase and CIM
Debt:
Designed by Pei Cobb Freed, and completed in 1989, this 1.4 million square foot landmark in Downtown Los Angeles is the tallest office tower on the west coast of the US. Its iconic tower stands 73-stories high, and is home to multiple Fortune 500 companies and blue chip law firms to name a few. The building was developed by Maguire Thomas and is also known as Library Tower. Silverstein Properties purchased the building in 2020.
about: