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As Big Ticket Sales Stall, Mid-Range Deals Still Drawing Interest, Funding

May 27th, 2009

The big-ticket office deals are few and far between these days, even in the leading markets, but properties with more palatable price tags, like a 200,000-square-foot office complex in the Los Angeles area, are finding buyers. Real estate and entertainment law firm Greenberg Glusker has snapped up just such a property in El Segundo, Calif., on behalf of a client for $26.6 million, relying on $22 million in financing from Bank of America N.A. to facilitate the acquisition.

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