Real Estate/Development
Dec. 16, 2010
Brown Likely to Decide Fate of State Building Sale
The chances of the $2.3 billion sale of 11 state-owned office complexes to private investors - a deal championed by Gov. Arnold Schwarzenegger - closing while he is in office are virtually nil.
Daily Journal Staff Writer
The chances of a closing on the Gov. Arnold Schwarzenegger-championed sale of 11 state-owned office complexes to private investors while he is in office are virtually nil.
The chances of the $2.3 billion sale closing at all are increasingly questionable following a decision Monday by the 6th District Court of Appeal to delay the transaction at least until Dec. 29, pending the court's review of a pet...
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