Onni Group intends to buy Los Angeles Times Building

Onni Group of Vancouver, Canada, has committed to purchase the historic Los Angeles Times building and complex located across the street from Los Angeles City Hall. The developer agreed to pay about $120 million for the 750,000 square foot property from Tribune Media Company.  Onni intends on developing parts of the complex into apartment, retail, and office spaces. The LA Times is a tenant in the building. We photographed the property on behalf of Eastdil Secured who represented Tribune in the transaction.

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