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The top 10 Los Angeles investment sales of 2016
Tech hubs led the way, while NYC developers took a bite out of LA
From the Los Angeles website: Properties fitted out for tech and creative tenants led the way in investment sales in 2016, a banner year for the industry.
In Playa Vista, Invesco’s $34 million-per-acre acquisition of Runway Playa Vista not only shattered price-per-square-foot records but created a domino effect, lifting values across the submarket — even for residential properties. [more]
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