Thursday, August 11, 2011

A Tale of Two Towers Update

That didn't take long.  As noted previously, Scnitzer put 1918 Eighth up for sale in May after securing an anchor tenant.  It has apparently been bought by JPMorgan.  Being 94% leased up it drew a big crowd of potential investors.  The strategy remains the same, investors are seeking Class A leased up properties.


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