Downtown's Merritt building sells for $24 million, a premium price

by www.latimes.com

A largely vacant historic building on Broadway in downtown Los Angeles has changed hands for $24 million, a sky-high price that underscores the changing nature of the famed street.

The nine-story Merritt building at 761 S. Broadway was purchased this week by an international investor, according...


Read Full Article On www.latimes.com
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