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Pacific Realty Trust

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November 24, 1998 | MICHELLE MALTAIS
CommonWealth Partners and the California Public Employees' Retirement System have acquired the 801 Tower building in downtown Los Angeles from Pacific Realty Trust in a deal valued at more than $87 million. Los Angeles-based CommonWealth and CalPERS, doing business as Fifth Street Properties, paid about $200 per square foot for the 24-story, 436,000-square-foot office building at 801 S. Figueroa St., which was completed in 1992.
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BUSINESS
November 24, 1998 | MICHELLE MALTAIS
CommonWealth Partners and the California Public Employees' Retirement System have acquired the 801 Tower building in downtown Los Angeles from Pacific Realty Trust in a deal valued at more than $87 million. Los Angeles-based CommonWealth and CalPERS, doing business as Fifth Street Properties, paid about $200 per square foot for the 24-story, 436,000-square-foot office building at 801 S. Figueroa St., which was completed in 1992.
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BUSINESS
September 25, 1998 | From Times Staff and Wire Reports
Regency Realty Corp. said Thursday that it has agreed to buy closely held Pacific Retail Trust for about $1.04 billion in stock and assumed debt, expanding its strip shopping-center holdings from the Southeast and Midwest to the West. The purchase would boost Jacksonville, Fla.-based Regency's holdings by more than 50% to 192 properties--most of which are anchored by grocery stores--with 22.2 million square feet of space in 22 states.
BUSINESS
September 25, 1998 | From Times Staff and Wire Reports
Regency Realty Corp. said Thursday that it has agreed to buy closely held Pacific Retail Trust for about $1.04 billion in stock and assumed debt, expanding its strip shopping-center holdings from the Southeast and Midwest to the West. The purchase would boost Jacksonville, Fla.-based Regency's holdings by more than 50% to 192 properties--most of which are anchored by grocery stores--with 22.2 million square feet of space in 22 states.
BUSINESS
April 21, 1998 | MELINDA FULMER, SPECIAL TO THE TIMES
A San Diego-based investor is expected today to close its purchase of a $265-million real estate portfolio in California and Texas that includes the 24-story 801 Figueroa Tower in downtown Los Angeles and the Pasadena Hilton. A partnership of Pacific Realty Trust (an affiliate of Shidler Group) and New York investment bank Angelo Gordon & Co.
BUSINESS
March 23, 1999 | MORRIS NEWMAN, SPECIAL TO THE TIMES
It's not the kind of property that developers usually daydream about: an old 265-acre oil refinery in Santa Fe Springs, badly polluted with petrochemical waste and littered with dozens of rusting oil tanks. Yet a creative deal between owner Golden West Refining Co. and city officials is helping transform a contaminated site into an economic engine. The owner is removing the refinery equipment and cleaning the tainted soil.
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