LA Market Report: Hines snaps up $340M DTLA trophy building, Hearst Estate becomes California’s priciest listing … & more

From the October issue: Coretrust Capital Partners may soon have a trophy Downtown Los Angeles property on its hands. The firm is in advanced talks to buy the 48-story Citigroup Center at 444 South Flower Street from Hines for roughly $340 million, or $382 a square foot. [more]