(Mark Your Calendars: RealShare Apartments 2011, October 20 in Los Angeles).

LOS ANGELES-Main Spring Development of New York City has placed the 13-story, 72-unit Great Republic Lofts on the market at an asking price of $25.5 million and has named the Hendricks & Partners team of Dean Zander and Vince Norris to market the property. Originally constructed by architectural firm Walker & Eisen in 1923 as the headquarters of Great Republic Life Insurance, the 100%-occupied property now features 72 loft-style residences and approximately 4,000 square feet of ground-floor retail space.

The tower, which is situated at the northeast corner of Spring and Eighth streets was completely redeveloped and transformed from 2007 through 2009 to the owners’ standards by architect David Gray. Zander and Norris expect the property to appeal to a wide variety of investors, including REITs, condominium converters, pension advisers, and high-net-worth private owners.