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Downtown Tower Hits Market Near $26M Asking Price

LOS ANGELES-A New York owner taps Hendricks & Partners to market the 13-story, 72-unit Great Republic Lofts at an asking price of $25.5 million.

By Bob Howard | Updated on August 04, 2011

(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.

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