Manulife Selling TCW Tower To LA Water And Power For $93M
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Manulife Selling TCW Tower To LA Water And Power For $93M
Singapore-listed Manulife US REIT is selling Downtown's TCW Tower to the Los Angeles Department of Water and Power for $92.5M. The transaction was announced through a divestment notice from Manulife. An entity controlled by the REIT, Hancock S-REIT LA Corp, is the official seller of the 35-story TCW Tower. As of the end of 2025, the tower was roughly 46% occupied and the weighted average lease expiration was just under five years, according to…
Roundup: Manulife US REIT to Sell Figueroa Office Tower in LA
In today’s review of real estate news from around the region, Manulife US REIT agrees to sell its Los Angeles office tower for $92.5 million to the city’s water and power department, K Wah International swings to a... Read More>> The post Manulife US REIT Selling LA Office Tower for $93M and More APAC Real Estate Headlines appeared first on Mingtiandi.
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