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California | EARNINGS ROUNDUP

Maguire Properties Sees Funds Increase 4.1%

May 04, 2005|From a Times Staff Writer

Maguire Properties Inc., the largest owner of downtown Los Angeles office buildings, said first-quarter funds from operations rose 4.1% to $20.2 million, or 47 cents a share.

Revenue at the real estate investment trust rose 33%, to $92.4 million, thanks to a 53% jump in rental income.

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