The amount Sovereign Partners paid is a little more than half what Los Angeles-based Thomas Properties Group Inc. paid for the 46-story office tower in 2005, according to Reonomy. It’s also significantly less than the tower's appraised value.
The amount Sovereign Partners paid is a little more than half what Los Angeles-based Thomas Properties Group Inc. paid for the 46-story office tower in 2005, according to Reonomy. It’s also significantly less than the tower's appraised value.
