July 13, 2005

Flipping The Bank Of America Building

Last year, San Francisco’s Bank of America Center was sold to a group of New York investors for $825 million. Now, according to the New York Times, “the 52-story reddish-brown granite tower is said to be going on the market again. This time, the sellers are hoping that the price will reach as high as $1.25 billion.”

· Doing Deals While Wary of Bubbles [NYT]

First Published: July 13, 2005 2:00 PM

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