Article Image

IPFS News Link • Economy - Economics USA

So. Cal. Office Building Sells at 40% Below Construction Costs

• CalculatedRiskblog.com
 
Maguire Properties Inc ... sold a newly developed office building in Irvine, Calif., for about $160 million, a price representing an estimated 40% discount to its construction cost.

thelibertyadvisor.com/declare