Downtown’s Aon Tower Sold to San Francisco Firm

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San Francisco’s Shorenstein Properties, a private real estate investment firm and fund sponsor confirmed on Friday the purchase of the Aon Center in downtown Los Angeles for $270 million. The 1.1 million square-foot tower at 707 Wilshire Boulevard is the second tallest building in Los Angeles.

The seller, Beacon Capital Group of Boston, selected Shorenstein earlier this month after reviewing several offers.

Check out previous coverage in the Business Journal.

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