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News Link • TAXES: State

California to Sell 24 Government Buildings for $2.3 Billion

• AP
The state announced Monday it is selling 24 government office buildings — including the Ronald Reagan State Building in Los Angeles and the San Francisco Civic Center — to a group of private investors for $2.3 billion.

"After an extensive review of more than 300 bids that were received, I have determined that this offer presents the best value for the state," Diedrich said in a statement. [what no high bid?!]

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