AECOM, RE Firm Score 6 Acres Worth $80M In Downtown LA

Law360, New York (October 3, 2013, 3:15 PM EDT) -- West Coast real estate investment and development firm Mack Urban and a unit of AECOM Technology Corp. on Thursday announced the acquisition of six acres of land in downtown Los Angeles valued at more than $80 million.

The deal is the largest, by acreage, in the central business district since before the recession, according to the parties, who have plans to build Class A, institutional quality, highly amenitized multifamily residential developments in several West Coast cities.

“This acquisition of land in LA's South Park is a...
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