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Capital Group Buys Tower for $210 Million

Capital Group Buys Tower for $210 Million

Los Angeles’ largest investment manager by assets is deepening its downtown roots. Downtown-based Capital Group bought the 1.4-million-square-foot Bunker Hill tower that houses its headquarters at 333 S. Hope St., sending a rare signal of hope for the city core’s distressed office market. The 55-story building, Bank of America Plaza’s centerpiece, sold for around $210 [...] The post Capital Group Buys Tower for $210 Million appeared first on Los Angeles Business Journal .

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