Interest in buying state offices in California is building
By L.A. Times • Mar 8th, 2010 • Category: Real Estate NewsThe 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.
Efforts to sell 24 state office buildings have drawn lots of interest from potential buyers — as well as the ire of some former public officials who labored to get them built years ago in the belief that public ownership of the buildings would bring long-term financial benefits to taxpayers.
Full article: Interest in buying state offices in California is building ...