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Pacific Office to sell tower as losses rise

A Richards Street property is being sold to a California firm for $9.3 million

By Andrew Gomes

POSTED: 01:30 a.m. HST, Aug 16, 2014

~~<p>Honolulu office building investment firm Pacific Office Properties Trust has arranged to sell another one of its properties as the company continues to work through financial losses.</p>
<p>Pacific Office has agreed to sell the 10-story downtown building Clifford Center to a California firm for $9.3 million, of which $4.6 million will be in the form of the buyer assuming a mortgage on the property at 810 Richards St.</p>
~~

Honolulu office building investment firm Pacific Office Properties Trust has arranged to sell another one of its properties as the company continues to work through financial losses.

Pacific Office has agreed to sell the 10-story downtown building Clifford Center to a California firm for $9.3 million, of which $4.6 million will be in the form of the buyer assuming a mortgage on the property at 810 Richards St. Login for more...



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