Downtown L.A.'s Hottest New Commodity

Some are calling this sleeper deal the biggest real estate coup in Downtown Los Angeles in a decade.

1 minute read

August 12, 2001, 10:00 AM PDT

"Such was the humble beginning just eight months ago of what is now being called the biggest Downtown real estate coup of the past decade. "'This deal is very very huge,' Jack Kyser, chief economist for the Los Angeles Economic Development Corporation, said about the $300 million, 20-year lease of 1 million square feet of new gift mart space Downtown which was announced August 3. 'I don't think people quite grasp the implications.'"

Thanks to Tom Collins

FULL STORY: Hot Commodity

Sunday, August 12, 2001 in Downtown News

Community / Economic Development Arizona

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