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The 2.7-acre property, being listed for $30 million, is zoned for multifamily residential, hotel, retail and office development, according to Jones Lang LaSalle, which is handling the listing. The most expensive downtown site to sell in the last two and half years went for $25 million. (Bloomberg)
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.