REAL ESTATE
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Pacific Center Building Sold by Pacific Telesis: The landmark Pacific Center building in Downtown Los Angeles, formerly called the Pacific Mutual Building, was one of $160-million worth of California office buildings and land sold by a land development unit of Pacific Telesis to Highridge Partners, an El Segundo-based development firm, Highridge announced. The sale included 1.7 million square feet of office space and 295 acres of land in Northern and Southern California, including office buildings in San Francisco. Terms of the sale were not disclosed.
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