The $367.5-million sale of U.S. Bank Tower in downtown Los Angeles, the tallest building in the West, has been completed.
Its new owner is Singapore investor Overseas Union Enterprise Ltd. The developer and landlord also owns commercial properties including offices, shopping centers and hotels in Singapore, Malaysia and the People's Republic of China.
At 72 stories, the circular U.S. Bank Tower has commanded the city skyline since it was completed in 1989 and is one of the best-known office buildings in the country. It was previously named Library Tower and also First Interstate World Center. Full story
