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SAN FRANCISCO-Bank of America may sell its 50% stake in the 1.8-million-sf Bank of America Center as part of a re-capitalization of the city's premier Downtown office tower. Shorenstein Co., which owns the other 50%, says it has no plans to sell its stake in the building as part of the current effort, which includes a refinancing of the debt on the property.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!